Amazon (NASDAQ:AMZN) a $1-T Company Within Year

Amazon (NASDAQ:AMZN) a $1-T Company Within Year

Amazon (NASDAQ:AMZN) a $1-T Company Within Year


Morgan Stanley (NYSE:MS) says it believes online giant Inc. may reach a 2,000/share price in the next 12 months.

“Amazon’s high margin aka revenue disclosure speaks to the $1-T (2,000/share) sum of parts Bull case.”

Morgan Stanley reiterated its overweight rating for Amazon shares, presenting a “Bull Case” 12-month price target of $2,000/share or roughly a $1-T market cap.

Amazon’s shares are trading at 1,120.50 after Hours in NYC

The Seattle online giant is taking an unconventional approach to boosting sales as the Holiday shopping season begins.

Amazon is cutting prices of products from 3rd-party sellers on its website, moving beyond its more typical method of discounts on items it sells directly.

The “discount provided by Amazon” applies to products including board games and technological gadgets offered by other merchants as the Holiday Season approaches.

The retailer has been trying to compete aggressively on some items to win sales and draw customers away from low-priced rivals like Wal-Mart Stores Inc. (NYSE:WMT)

The move allows Amazon to sell the products at lower prices while still giving full price to the sellers.

“When Amazon provides a discount, customers get the products they want at a price they’ll love, and small businesses receive increased sales at their listed asking price,” an Amazon spokeswoman said in an emailed statement, noting that businesses can opt out at any time.

Some merchants have criticized Amazon in the past for discounting and, they say, devaluing their products.

Monday, the major US stock market indexes finished at: DJIA +17.49 at 23439.70, NAS Comp +6.66 at 6757.60, S&P 500 +2.54 at 2584.84

Volume: Trade on the NYSE came in at: 792-M/shares exchanged

  • NAS Comp +25.5% YTD
  • DJIA +18.6% YTD
  • S&P 500 +15.5% YTD
  • Russell 2000 +8.7% YTD
HeffX-LTN Analysis for AMZN: Overall Short Intermediate Long
Bullish (0.47) Very Bullish (0.52) Very Bullish (0.50) Bullish (0.39)
HeffX-LTN Analysis for DIA: Overall Short Intermediate Long
Bullish (0.47) Very Bullish (0.56) Bullish (0.42) Bullish (0.42)
HeffX-LTN Analysis for SPY: Overall Short Intermediate Long
Bullish (0.33) Bullish (0.29) Bullish (0.35) Bullish (0.33)
HeffX-LTN Analysis for QQQ: Overall Short Intermediate Long
Very Bullish (0.54) Very Bullish (0.60) Very Bullish (0.50) Very Bullish (0.53)
HeffX-LTN Analysis for VXX: Overall Short Intermediate Long
Bearish (-0.38) Bearish (-0.31) Neutral (-0.18) Very Bearish (-0.67)

Stay tuned…


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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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