Tag: Amazon.com

  • Three Red-Hot Back to School Stocks to Consider

    Three Red-Hot Back to School Stocks to Consider

    Back to school stocks are racing higher. All with total back to school spending expected to hit $74 billion this year from $71 billion in 2021, according to the National Retail Federation (NRF). “Families consider back-to-school and college items as an essential category, and they are taking whatever steps they can, including cutting back on…

  • Amazon Buying One Medical in $3.9 Billion Healthcare Deal

    Amazon Buying One Medical in $3.9 Billion Healthcare Deal

    Primary care stocks are on the run. All on news Amazon is set to add 1Life Healthcare (ONEM) to its growing healthcare unit for $3.9 billion, or $18 a share. After all, according to Grand View Research: “Primary care is the center of the U.S. healthcare system, reforms in the healthcare coverage will reenergize the…

  • Amazon Stock a Steal Under $200

    Amazon Stock a Steal Under $200

    Shares of Amazon.com (AMZN) now trade at $124.71. All after a 20:1 stock split.  So, if you owned one share of Amazon, you now own 20 shares after the split that each cost about 1/20th of the previous price. At the same time, the value of your investment does not change. Even better, there are…

  • Amazon.com Just Announced a 20 for 1 Stock Split

    Amazon.com Just Announced a 20 for 1 Stock Split

    Amazon.com (AMZN) is about to get a lot cheaper. All after the company announced a 20 for 1 stock split – its first split in about 23 years.  Once approved by shareholders, it should go into effect on June 6. According to CNBC, “This is Amazon’s fourth stock split since its IPO in 1997, and its…

  • Velodyne Lidar Surging After Pact with Amazon

    Velodyne Lidar Surging After Pact with Amazon

    Lidar stock Velodyne Lidar (VLDR) is pushing higher afterhours. All after a regulatory filing showed that Amazon.com received warrants to buy about 40 million shares of the VLDR stock.  “According to the deal, Amazon.com NV Investment Holdings, a wholly-owned subsidiary of Amazon, can exercise the warrant on or before Feb. 4, 2030 at $4.18 per…

  • Amazon.com Could Rally to $4,700 in 2022

    Amazon.com Could Rally to $4,700 in 2022

    Amazon.com (AMZN) could be a $4,700 stock in 2022. Thanks to accelerating revenue growth, and higher margins, analysts at UBS now has a buy rating and a 12-month price target of $4,700 on the stock. “We expect Amazon shares to re-rate ahead of 2H22 when we see revenue growth and higher margins driving estimate revisions…

  • Amazon Could Be Undervalued by Up to 70%

    Amazon Could Be Undervalued by Up to 70%

    At $3,419, Amazon (AMZN) may be undervalued by up to 70%. That’s according to Jefferies analyst Brent Thill, who says the stock could carry a market cap of up to $3 trillion, as noted by Yahoo Finance. “Our sum-of-the-parts analysis shows ~70% upside over the next three years [for Amazon], driven by Amazon Web Services…

  • Walgreens, CVS Sink on Amazon Pharmacy

    Walgreens, CVS Sink on Amazon Pharmacy

    At the moment, shares of Walgreens (WBA) are down $4.50, as CVS sinks $5.75. Both could still be great shorts at the open on news Amazon is launching an Amazon Pharmacy store that will allow consumers to get their medications delivered to them at home. “The same browsing experience customers are familiar with from Amazon…