AMZN
Morning Brief: We're watching for S&P 500 record highs again
Article Summary
BUY- Amazon.com (NASDAQ: AMZN) posted strong gains on Tuesday, with the S&P 500 closing at 6,967 and the Nasdaq at 7,000, putting the index near record highs for the first time since January 28â€the record close of 6,978.60 on Jan. 28.
- The rally was fueled by lower-than-expected inflation data and hopes for renewed U.S.-Iran talks, though the market remains bullish but not a close-eyes-and-buy environment.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 12.4% | 25% | 50.0 ptsMeets Minimum (12.4%) - Passes screener |
| EPS Growth Next 5Y ? | 18.0% | 25% | 50.0 ptsMeets Minimum (18.0%) - Passes screener |
| Target Price Upside ? | 12.9% | 20% | 50.0 ptsMeets Minimum (12.9%) - Target: $280.77 vs Current: $248.61 |
| Gross Margin % ? | 50.3% | 15% | 80.0 ptsVery Healthy (50.3%) - High-quality margins |
| Drawdown from 52-Wk High ? | -3.9% | 15% | 20.0 ptsBarely a Dip (-3.9%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About AMZN
- Amazon.com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally.
- The company operates through three segments: North America, International, and Amazon Web Services (AWS).
- It also manufactures and sells electronic devices, including Kindle, fire tablets, fire TVs, echo, ring, blink, and eero; and develops and produces media content.
- In addition, the company offers programs that enable sellers to sell their products in its stores; and programs that allow authors, independent publishers, musicians, filmmakers, Twitch streamers, skill and app developers, and others to publish and sell content.
- Further, it provides compute, storage, Artificial intelligence, database, analytics, machine learning, and other services, as well as advertising services through programs, such as sponsored ads, display, and video advertising.
- Additionally, the company offers Amazon Prime, a membership program.
- The company's products offered through its stores include merchandise and content purchased for resale and products offered by third-party sellers.
- It serves consumers, sellers, developers, enterprises, content creators, advertisers, and employees.
- The company was incorporated in 1994 and is headquartered in Seattle, Washington.