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Nasdaq AMZN Amazon

3 Dividend Stocks I'd Buy Right Now

5 years 10 months ago
Investors interested in good dividend stocks can have it all. It just takes a little looking when you're bargain hunting, particularly when seeking high dividends that are safe, in stocks that have strong growth potential.I looked at companies with dividend yields of at least 4%

3 Growth Stocks I'd Buy Right Now

5 years 10 months ago
Stocks are one of the best wealth-building tools available, and with the new year approaching, there's no better time to put some money to work.Whether you are new to stocks or a veteran looking for new investment ideas, here are three tech stocks that I would feel comfortable bu

3 of the Biggest Bargains in Buffett's Portfolio

5 years 10 months ago
When it comes to making money, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett is at the head of the class. Between 1965 and 2019, Buffett led Berkshire Hathaway's stock to an average annualized return of 20.3%. This equates to an aggregate 55-year return of 2,74

Why Teladoc Health Stock Is Sliding Today

5 years 10 months ago
What happenedShares of Teladoc Health (NYSE: TDOC) were sliding 4.2% lower as of 12:02 p.m. EST on Wednesday after falling as much as 7.6% earlier in the day. The decline came after Business Insider reported that Amazon (NASDAQ: AMZN) is building a telehealth services business th

Twitter To Use Amazon’s Cloud Platform For Tweets; Shares Rise 4.3%

5 years 10 months ago

Amazon announced on Dec. 15 that is has signed a multi-year agreement with Twitter to support the real-time delivery of millions of daily tweets via its cloud arm Amazon Web Services (AWS). Twitter shares gained 4.3%.

Twitter will tap Amazon's (AMZN) global cloud platform AWS and use its infrastructure and portfolio of services to power the real-time, global traffic of its users.

The new collaboration builds on a decade-long partnership, where AWS continues to provide Twitter (TWTR) with storage, compute, database, and content delivery services for its delivery of images, videos, and ad content.

“The collaboration with AWS will improve performance for people who use Twitter by enabling us to serve Tweets from data centers closer to our customers at the same time as we leverage the Arm-based architecture of AWS Graviton2 instances. In addition to helping us scale our infrastructure, this work with AWS enables us to ship features faster as we apply AWS’s diverse and growing portfolio of services.” said Twitter's Chief Technology Officer Parag Agrawal, .

Amazon shares have gained 71.3% year-to-date and are trading at a discount of 11% to its 52-week high. (See AMZN’s stock analysis on TipRanks)

This week, Cowen & Co. analyst John Blackledge raised the stock's price target from $4,150 to $4,350 and reiterated a Buy rating.

Blackledge expects robust and continued revenue growth in FY21 along with margin expansion driven by AMZN’s evaluation of its Covid costs and ramp-up of its warehouse square footage by 50%.

From the rest of the Street, the stock scores a Strong Buy consensus based on 36 Buys and 1 Hold. The average price target of $3,825.60 implies upside potential of 21% to current levels. 

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Better Buy: Amazon vs. Procter & Gamble

5 years 10 months ago
Both companies are winners in their own right. Amazon (NASDAQ: AMZN) is not only the premier name in the e-commerce arena, the coronavirus pandemic has been an opportunity for the company to flex its muscle. It'll come out of this time with a much bigger logistical/capacity footp

Where Will CVS Health Be in 5 Years?

5 years 10 months ago
Only five years ago, investors were bidding up shares of CVS Health (NYSE: CVS) as the company took over Target's (NYSE: TGT) pharmacy business and acquired a business that provided pharmacy services for long-term care facilities. The stock now sits 36% below those 2015 highs, an

Amazon Loses Out on $10B Cloud Contract to Microsoft; Urges Judge to Overrule – Report

5 years 10 months ago

Amazon.com has taken to the courts once again in a bid to get a $10 billion Pentagon contract that was awarded to Microsoft invalidated, according to Reuters.

In a redacted court filing from October 23rd that was unsealed yesterday, Amazon (AMZN) reiterated its stance that the awarding of the contract to Microsoft (MSFT) must be overturned because it was granted in bad faith and that President Donald Trump used his influence to manipulate the contract.

Trump has publicly criticized the company and Amazon head, Jeff Bezos in the past. Amazon has called the decision flawed and politically corrupt.

Amazon was a front-runner to win the contract and filed its initial lawsuit in November 2019, after the contract was awarded to Miscrosoft. A judge granted Amazon’s request to temporarily halt the deal from moving forward in February.

The Defense Department stated in a court-ordered re-evaluation in September that Microsoft’s proposal represented the best value for the government. Amazon responded on Tuesday saying that its cloud computing solutions are the lowest priced by tens of millions of dollars.

Microsoft retorted by saying, “career procurement officials at the DoD (Department of Defense) decided that given the superior technical advantages and overall value, we continued to offer the best solution.”

Neither the White House nor the Pentagon has offered any comment thus far. (See AMZN stock analysis on TipRanks)

Cowen analyst John Blackledge reiterated his Buy rating 2 days ago and raised his price target from $4,150 to $4,350 (37% upside potential). He named the shares a “Best Idea for 2021.”

Consensus among analysts is a Strong Buy based on 36 Buys and 1 Hold. The average price target of $3,825.60 implies a potential upside of around 21% over the next 12 months.

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3 Top Artificial Intelligence Stocks to Buy Right Now

5 years 10 months ago
Artificial intelligence (or AI) gets a lot of attention these days because the technology is being implemented into so many parts of our lives, from smart speakers to apps. And as AI expands, the opportunity for investors is enormous. Over the next four years, AI spending is esti
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