Amazon.com Inc. investors should be warned that Wall Street may be a bit complacent on the e-commerce and cloud giant’s stock, ahead of the first-quarter earnings report due out after Thursday’s close.
An options strategy referred to as a “straddle,” which is a pure volatility play that involves the simultaneous purchase of bullish and bearish with identical at-the-money strike prices, is prepping for a 4.2% move in the stock in either direction on Friday. Read more about options straddles ahead of earnings.
And after KeyBanc Capital analyst Edward Yruma upgraded Amazon to overweight last month, the bullish calls became unanimous, with all 45 analysts surveyed by FactSet rating the stock the equivalent of buy.But as some analysts have pointed out, it’s not like the bullish consensus is a sudden phenomenon. At least 90% of the ratings have been bullish since October 2017, with the non-bullish ratings being neutral, or hold.
From a technical perspective, the weekly moving average convergence-divergence indicator , known affectionately as Mac-D, has flashed a buy signal starting from negative territory for the first time in years, since early 2015 according to FactSet. Keep in mind that last quarter’s disappointment was relatively short-lived, as the stock was recently trading 9.8% above where it was before the fourth-quarter report was released.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Amazon to close domestic marketplace business in China: sourcesAmazon.com Inc plans to close its domestic marketplace business in China by mid-... Great now Amazon should close the American Marketplace to Chinese sellers to give American sellers an even playing ground here at home!!!
Sumber: Reuters - 🏆 2. / 97 Baca lebih lajut »
Amazon is shutting down its China marketplace business. Here's why it has struggledAmazon said it will 'no longer operate a marketplace on Amazon.cn' and 'will no longer be providing seller services on Amazon.cn effective July 18.' This is surprising. I would have thought JeffBezos would have been more aggressive in this space considering it's size. The article mentions 'The U.S. giant has also not been as aggressive on the marketing front as some of its rivals.' I wonder why this was. Possible MorA? Lebok
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »
Netflix looks like Amazon in its early years ahead of its earnings, market watcher saysNetflix is set to report earnings after the bell Tuesday. BK Asset Management's Boris Schlossberg says investors only care about one thing and it has him seeing flashbacks of Amazon's early years. TradingNation Purr muh bulls hit TradingNation Continued increases in monthly subscriptions by Netflix will create an opening for a new comer or established media company to introduce $6.99 HD subscription model. Folks are already choosing Prime over Netflix as discretionary $ for household media consumption tops off at $79
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »
Amazon faces probe from Italy's antitrust authority over abuse of market positionItaly's competition authority announced on Tuesday it will begin a preliminary investigation into whether Amazon abused its dominance in e-commerce and logistics services. amazon twitter facebook unlimited company working and friendship france country full sporting making world best church 850 year old amazing good confidence god bless you há razão p isso............rapidez e confiabilidade........... congratulation
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »