Amazon: Boom Or Bust?
by Glenn Abrett
Amazon (AMZN) earnings day has come and gone and it was more of the same. The Internet retail giant missed low Wall Street expectations rather badly, yet the stock rose rapidly after hours. This pattern was a repeat of what happened over the past three or four quarters. Predictably, bears went crazy. On the other hand professional analysts seemed more than satisfied, raising expectations for the future. read more »
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