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Amazon (AMZN): 'The best is still ahead' |
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| Nov 03, 2009 03:40 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Amazon.com (AMZN), Newsletters, Stocks to Buy Two of the newsletter industry's leading growth stock advisors remain bullish on the prospects of online retailer Amazon.com (NASDAQ: AMZN), based on growth in not only online retailing but new market areas ranging from the Kindle e-reader to cloud computing. Mike Cintolo, editor of The Cabot Top Ten Report, explains, "Amazon.com recently blew away earnings expectations." Meanwhile, Alexander Green, investment director at The Oxford Club, says, "In our view, the best lies ahead for the company." Here are their reviews. Mike Cintolo continues, "Amazon announced that its Kindle e-book reader is now its most popular selling item, both in units and in dollars. That led to a big acceleration in revenue growth (28%, the fastest in five quarters), while earnings leaped 67%. Continue reading Amazon (AMZN): 'The best is still ahead' Amazon (AMZN): 'The best is still ahead' originally appeared on BloggingStocks on Tue, 03 Nov 2009 10:40:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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