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AMZN - Amazon.com Inc

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by bigbear0083, Mar 31, 2016.

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  1. StockJock-e

    StockJock-e Brew Master
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    A good and gentle pull back here after those new highs
     
  2. KyleLennon

    KyleLennon Member

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    Aided by almost 400 million estimated global active users, more than 100 million Prime members, and recent fulfillment infrastructure, technology, and content investments, Amazon is likely to reshape retail, digital media, enterprise software and other categories for years to come.
     
  3. bigbear0083

    bigbear0083 Content Manager
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    Amazon Surpasses $1 Trillion

    Of the five FAANG stocks, Amazon.com (AMZN) made positive headlines last week as its market cap briefly breached the trillion level intraday Tuesday before pulling back. Since the stock didn’t finish the day with a market cap above that level, it wasn’t official, but for a brief moment, the two AAs of FAANG were both members of the trillion dollar club.

    Looking at the ten largest S&P 500 companies by market cap, behind AAPL and AMZN, the only two stocks anywhere close to the trillion level are Microsoft (MSFT) and Alphabet (GOOGL), and when we say close, they still have to rally about 20% to get there.

    The next two largest companies — Berkshire and Facebook — would essentially have to double from here, while the remaining four stocks in the top ten would basically have to triple.

    [​IMG]

    Amazon’s road to a trillion has been extraordinary. It took AMZN 5,186 days as a public company to first cross the $100 billion mark, but only 41 days to go from $900 billion to $1 trillion (on an intraday basis). Since first crossing the $200 billion threshold in April 2015, AMZN has added $100 billion in market cap at an average of once every six months. Talk about a money machine!

    [​IMG]
     
    T0rm3nted likes this.
  4. Jack Marlow

    Jack Marlow Member

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    Amazon.com, Inc. (NASDAQ:AMZN) Had its Buy Rating Reiterated by Macquarie– Today, Macquarie reiterated its Buy rating on Amazon.com, Inc. (NASDAQ:AMZN). There are 47 Buy Ratings, 1 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock. The current consensus rating on Amazon.com, Inc. (NASDAQ:AMZN) is Buy with a consensus target price of $1,984.3555 per share, a potential 2.70% upside. Some recent analyst ratings include: 9/10/2018-Amazon.com, Inc. (NASDAQ:AMZN) had its Buy rating reiterated by Macquarie; 9/10/2018-Amazon.com, Inc. (NASDAQ:AMZN) had its Outperform ➝ Buy rating reiterated by Wells Fargo & Co with a $2,300.00 price target.
     
  5. bigbear0083

    bigbear0083 Content Manager
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    Clicks to Bricks?
    Oct 29, 2018

    “Rumors of my death have been greatly exaggerated.” — Mark Twain

    Traditional brick and mortar retailers are soaring today with the average stock in our Death by Amazon index up 2.76% on the day. As shown below, around half of these retailers are up 3-5% on the day with just a handful in the red.

    [​IMG]

    As brick-and-mortar retailers see buying, Amazon.com (AMZN) has seen another wave of selling today with a drop of more than 4.5% as of mid-afternoon. This is on the heels of AMZN’s 7.82% drop on Friday after the company missed revenue estimates and lowered guidance for the second quarter in a row.

    The chart for AMZN is really breaking down. After trading in a tight uptrend channel from October 2017 through August 2018, the stock is currently in free-fall in what appears to be a straight path towards $1,500/share. What’s remarkable is that even after the stock’s 23.6% decline from its highs, it’s still up 34% year-to-date!

    [​IMG]

    The chart for the Proshares Brick & Mortar index (which was created years after we formed the Death by Amazon index) has fallen a bit from its highs, but it still looks much more constructive than AMZN’s chart at this point, especially with today’s big bounce.

    [​IMG]

    Since the Proshares Brick & Mortar index began back in June 2017, AMZN still holds a commanding lead on it. AMZN is up 61% versus a gain of 15.5% for Brick & Mortar. However, the fact that Brick & Mortar is in the green at all over the last 16 months is the real story. From mid-2015 through mid-2017, traditional retailers most at risk of online were slammed, but they’ve actually been performing quite well recently.

    [​IMG]
     
    Onepoint272 likes this.
  6. Onepoint272

    Onepoint272 Well-Known Member

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    AMZN appears like its ready to retest the lows. My P&F target is 1420. To go lower than that it will need to build more cause.

    upload_2018-11-5_1-3-46.png
     
    bigbear0083 and T0rm3nted like this.
  7. Elliottwave-Forecast.com

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    Elliott Wave Analysis: Amazon Rally Should Fail for Yet Another Low

    Short term Elliott Wave View in Amazon (ticker: AMZN) suggests that the bounce to 1784 ended Cycle degree wave x. Cycle degree wave y is currently in progress lower as a double three Elliott Wave structure. Down from 1784, Primary wave ((W)) ended at 1420 and Primary wave ((X)) bounce is in progress towards 1631.54 - 1712.09 area before the decline resumes. Internal of Primary wave ((W)) unfolded as a zigzag where Intermediate wave (A) ended at 1546.51, Intermediate wave (B) ended at 1624.82, and Intermediate wave (C) ended at 1420.

    Internal of Primary wave ((X)) is unfolding as a double three Elliott Wave structure where Intermediate wave (W) ended at 1550 and Intermediate wave (X) ended at 1502.10. Expect the stock to extend higher in Intermediate wave (Y) of ((X)) towards 1631.54 - 1712.09, then as far as pivot at 1784 high stays intact, the stock should extend lower or pullback in 3 waves at least. We don't like buying the proposed rally.

    AMZN 1 Hour Elliott Wave Chart
    [​IMG]

    [​IMG]v
     
    Onepoint272 likes this.
  8. StockJock-e

    StockJock-e Brew Master
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    Jeff Bezos to keep 75 percent of couple's Amazon stock after finalizing divorce:
     
    Onepoint272 likes this.
  9. Onepoint272

    Onepoint272 Well-Known Member

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    Somehow that news makes me want to be even more bearish on AMZN.
     
    bigbear0083 likes this.
  10. StockJock-e

    StockJock-e Brew Master
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    What? That he keeps 75%?

    LoL
     
    Onepoint272 likes this.
  11. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Read an article today, not sure if Amazon is falling behind technologically, or if Chinese company is trying to dupe us.

    Here's the article, which quotes the "director of Amazon Robotics Fulfillment"
    https://www.reuters.com/article/us-...ate-all-its-warehouse-jobs-soon-idUSKCN1S74B9

    Scott Anderson, director of Amazon Robotics Fulfillment, said technology is at least 10 years away from fully automating the processing of a single order picked by a worker inside a warehouse.
    The technology for a robot to pick a single product from a bin without damaging other products or picking multiple products at the same time in a way that could benefit the e-commerce retailer is years away.


    Anyone remember this Youtube video from about a year ago?


    "This a glimpse of the world's first fully automated e-commerce fulfillment center, where a system of automated machinery, robots and autonomous vehicles work to pick and pack orders."
     
    Onepoint272 likes this.
  12. StockJock-e

    StockJock-e Brew Master
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    Dont forget the delivery drone!
     
  13. T0rm3nted

    T0rm3nted Moderator
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    Amazon workers plan Prime Day strike despite wage pledge
    Amazon warehouse workers in Minnesota plan to strike during the online retailer’s summer sales extravaganza, a sign that labor unrest persists even after the company committed to paying all employees at least $15 an hour last year.

    Workers at a Shakopee, Minnesota, fulfillment center plan a six-hour work stoppage July 15, the first day of Prime Day. Amazon started the event five years ago, using deep discounts on televisions, toys and clothes to attract and retain Prime members, who pay subscription fees in exchange for free shipping and other perks.
     
    Onepoint272 likes this.
  14. Marvan

    Marvan Active Member

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    Amazon warehouse workers in the US are protesting about their working conditions in the latest battle between the company and its workforce.

    The unrest follows allegations that the company terminated the employment of one worker who was in hospital with a dying relative and that it is suppressing working hours in order to prevent staff claiming for medical insurance.

    Staff in the company's Sacramento and Minnesota fulfilment centres - where orders are packaged and dispatched - walked out for short periods this week.

    reported how one staff member called Sandra, who worked at the company's Sacramento warehouse in California, was fired after taking leave while her mother-in-law died in hospital." Online tech magazine The Verge has reported how one staff member called Sandra, who worked at the company's Sacramento warehouse in California, was fired after taking leave while her mother-in-law died in hospital.

    Sandra has organised a group called Amazonians United Sacramento and submitted a petition to the company calling for her to be reinstated, and for workers to be given paid time off.

    According to their complaint, part-time staff are only permitted 10 days' unpaid leave a year - regardless of the reason for that leave - and if staff breach this limit, which Sandra reportedly did by a single hour, they are fired.

    On Thursday night, more than 60 workers in the company's Minnesota office also walked out for two-and-a-half hours.

    They demanded Amazon to lift the 30-hour weekly working cap, which they say the company keeps so it does not have to offer staff medical insurance under the Affordable Care Act.

    According to The Atwood Center, which is organising East African workers in Minnesota, the highest-ranking manager promised staff that he would talk to his managers first thing in the morning to resolve their issues.

    Amazon worker Fadumo Yusuf said he and his colleagues "cannot keep working with no healthcare, lifting heavy boxes and being told to go home if we get injured".

    He said: "We are told this is only part-time work, but they are still hiring more. We need more hours. We have no value here, they treat us like we are not human beings. Tonight we stand together to say no more!.

    In its statement, Amazonians United Sacramento said: "While Amazon is a trillion-dollar company run by the richest man in the world, permanent part-time employees working eight-hour shifts are only allowed 10 days off a year for any reason.

    "This means that every day we use [unpaid time off] for family emergencies, sickness, or vacation, we are one step closer to termination."

    Christy Hoffman, the general secretary of the UNI union said: "The growing unrest in the United States is part of a global movement to make Amazon respect basic human rights, such as the right to a safe job and the freedom to have a union.

    "In fact, German Amazon workers are on strike today, and the worldwide protests will continue until the company listens to and negotiates with its employees."

    The GMB union in the UK has criticised working conditions at the company's warehouses, although employment laws are much stronger here and workers have access to the National Health Service.

    Speaking to Sky News in July, a GMB spokesperson said: "The conditions our members work under at Amazon sites are appalling - they are breaking bones, being knocked unconscious and being taken away in ambulances.

    "Amazon workers want Jeff Bezos to know they are people - not robots.

    "It's prime time Amazon got round the table with us and did something to make sure the staff they've built their empire on are treated fairly."

    https://uk.news.yahoo.com/amazon-warehouse-staff-walk-dispute-over-conditions-deepens-114400888.html
     
    Onepoint272 likes this.
  15. Lonnie Ray

    Lonnie Ray Active Member

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    I have been invested in the company you linked, JD, but mow I am out because of the whole trade war thing. Still got it on my watch list. Very undervalued if there numbers are legit. They are supposedly doing drone delivery as well to rural areas.
     

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