Amazon's (NASDAQ: AMZN) stock has taken a notable hit following a downgrade from Rothschild Redburn.
Bill Ackman, the legendary investor running things over at Pershing Square Holdings Capital, has made some remarkable moves this year.
Amazon (AMZN) possesses solid growth attributes, which could help it handily outperform the market.
Amazon.com Inc (NASDAQ:AMZN) is tapping the US corporate bond market for the first time in roughly three years, seeking to raise about $12 billion through a multi-part, investment-grade offering. The tech giant is selling bonds in up to six tranches, with the longest, a 40-year note, initially discussed at around 115 basis points over Treasuries, according to sources familiar with the matter.
The mean of analysts' price targets for Amazon (AMZN) points to a 25.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Zacks.com users have recently been watching Amazon (AMZN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Even though Amazon.com Inc. (NASDAQ: AMZN) posted what some investors view as a blowout quarter, its stock is up only 7% this year, despite a run-up just after earnings were announced.
Bill Ackman is one billionaire investor many follow closely. There are good reasons for this, from the outspoken nature of the hedge fund manager on a range of topics (including politics), to his high-profile feuds with others in the hedge fund world (which has been entertaining to watch, to say the least).
AWS is reaccelerating, backed by a backlog of over $200 billion. Amazon's custom silicon strategy is also gaining traction.
The tech sector has been one of the most reliable industries for long-term returns.
Amazon.com Inc. (NASDAQ: AMZN) has been one of the stock market's biggest success stories ever.