Nasdaq AMZN Amazon

Friday, December 16, 2022The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Amazon.com, Inc. (AMZN), Novartis AG (NVS) and Philip Morris International Inc. (PM)

What happened Rivian Automotive (NASDAQ: RIVN) shares have dropped this week along with many technology and growth stocks. But while the tech-heavy Nasdaq Composite index was off by nearly 2% for the week as of early Friday morning, Rivian was down by more than 13%, according to

Those looking to succeed as investors could do worse than following the example of legendary Berkshire Hathaway CEO Warren Buffett. One could argue that the so-called "Oracle of Omaha" is among the most successful investors ever. If you have doubts, consider this: Since he took t

A stock market sell-off in 2022 has tanked the share prices of some of the world's most valuable companies, creating an excellent time to invest in growth stocks like Amazon (NASDAQ: AMZN) and Apple (NASDAQ: AAPL). These companies are known as leaders of their respective industri

Apple's rivals are positioning themselves as the go-to alternative to its dominant App Store as the iPhone maker prepares to allow others on its devices in the European Union.

Amazon (AMZN) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Amazon (NASDAQ: AMZN) is limping into 2023, and it's probably eager to turn the page on a new chapter.

As Berkshire Hathaway CEO Warren Buffett has famously said, it often pays to be greedy when others are fearful and fearful when others are greedy -- and there's certainly no shortage of fear shaping today's stock market backdrop. Macroeconomic conditions have generally led to bru

It's been a difficult year for investors, and many are concerned that the worst is yet to come.

The stock market is full of beaten-down stocks, and even some of the best businesses have declined sharply. In this video, Certified Financial Planner® Matt Frankel shares three stocks that look like incredible values for long-term investors right now.

Everybody knows Amazon (NASDAQ: AMZN). It is one of the largest companies in the world, landing a top 5 spot whether you measure by revenue, market cap, or the number of employees.

If you're in the market for stocks that can drive your portfolio higher in 2023, there are more than a few viable options at the moment. Soaring inflation and rising interest rates to tame that inflation applied a lot of downward pressure on growth stocks across the board this ye

Alphabet’s GOOGL self-driving unit Waymo, which has been running well on the streets of San Francisco, CA on the back of its Early Rider program called Trusted Tester, has now applied for a final permit in California at the California Public Utilities Commission.With the

European shares slid on Friday and were set to post losses for the week after major central banks flagged further rate hikes, while economic activity data from the euro zone failed to assuage concerns of a looming recession.

Amazon.com will bring popular fantasy game "Warhammer 40,000" to film and television screens, after the tech giant's content unit reached an agreement with Games Workshop Group, the British game developer said on Friday.

(RTTNews) - Games Workshop Group PLC has reached an agreement in principle with Amazon Content Services LLC for Amazon to develop Games Workshop's intellectual property into film and television productions and for Games Workshop to grant Amazon associated merchandising rights. Am

Amazon ( NASDAQ:AMZN ) benefited immensely from pandemic-led restrictions, growing its top and bottom lines by record margins. However, the scenario over the past 12 months is remarkably different, and Amazon is in a relatively challenging spot. Despite the troubles, it's done an impressive job of growing its business and setting itself up for a tremendous showing next year. However, AMZN stock is priced in line with the most bearish scenarios. Therefore, with it trading at multi-year lows, we are bullish on AMZN stock. AMZN stock rose exponentially during the pandemic, reaching an all-time high of $188.65 by July 2021. Its stock has shed a ton of value over the past several months on the back of multiple headwinds. AMZN stock trades at around 1.8 times forward sales, roughly 44% lower than its five-year average. Hence, it's trading at a highly-attractive price and is poised for healthy upside ahead. Amazon is a prime example of a business that has demonstrated resiliency and adaptability during the past tumultuous year. Amazon's business model was more than equipped to handle whatever curves were thrown its way. This determination will likely continue driving it forward in future years. Also, on TipRanks, AMZN stock has a 'Perfect 10' Smart Score rating, indicating that it has high potential to outperform the market. The Bull Case For Amazon Amazon has demonstrated an extraordinary ability to remain agile, rapidly adapting its services to changing customer needs and spearheading new opportunities in growing marketplaces. With a record-breaking 40% share of the U.S. e-commerce space, it's the clear leader in the space. Moreover, due to its online marketplace, it has become a leading player in the digital advertising space. Marketers value Amazon for its ability to deliver powerful ads that generate leads and encourage brand loyalty with consumers who are already looking for a product in their search. Estimates show that it's the fourth-largest advertiser in the world and is nearly leading the world in ad revenue growth. Furthermore, Amazon's Web Services (AWS) has rapidly established itself as the unrivaled leader in the booming cloud computing industry. Its operating margins are almost three times higher than its closest competitor, Microsoft Azure. AWS shows no signs of slowing down either, and the cloud computing market is expected to grow by 20% yearly and reach an eye-watering $1.7 trillion by 2029. The Bear Case For Amazon Despite the immense success of Amazon in the online shopping realm, the sector is notorious for its low-profit margins. This has proved especially challenging for Amazon amid high inflation. This immense pressure has resulted in underperformance for the firm in recent quarters. In its third quarter, sales were up just 14.7%, earnings fell from $0.31 per share to $0.28 per share, and free cash flows were firmly in the negative. Despite having over $50 billion in cash and short-term investments, Amazon's standing could come under scrutiny if it's forced to take on additional debt. However, those who oppose the stock do not look at the big picture. If inflation levels normalize, its retail operations' cost pressures should decrease and become less of a concern. Moreover, the company is positioned to gain increased profitability due to its higher-margin segments that are effectively shielded by inflationary pressures. As such, while Amazon may be vulnerable, its future looks bright despite macroeconomic troubles. Is Amazon Stock a Buy, According to Analysts? Turning to Wall Street, AMZN stock maintains a Strong Buy consensus rating. Out of 36 total analyst ratings, 33 Buys, three Holds, and zero Sell ratings were assigned over the past three months. The average AMZN stock price target is $140.50, implying 58.9% upside potential. Analyst price targets range from a low of $103 per share to a high of $192 per share. Takeaway: Amazon Looks Undervalued Amazon is a titan of the tech world. It's certainly had its share of issues, especially regarding its cost structures and fulfillment center operations. However, its business overall has proven to be incredibly resilient. The real crown jewel of the business is AWS, and though it makes a relatively small percentage of the company right now, its profits are superb. Moreover, AMZN stock looks heavily undervalued right now. Of course, things could get worse before they get better in the short term for Amazon, but if you take the long-term view with them, you're presented with what looks like an incredible opportunity. Disclaimer

The NASDAQ 100 After Hours Indicator is up 1.16 to 11,346.38. The total After hours volume is currently 115,469,737 shares traded.The following are the most active stocks for the after hours session: Coty Inc. (COTY) is unchanged at $7.92, with 7,296,056 shares traded. COTY's cu

What happened Shares of Apple (NASDAQ: AAPL), Amazon (NASDAQ: AMZN), and Microsoft (NASDAQ: MSFT) were all sliding this morning as investors processed the latest Federal Reserve interest rate hike and as investors worry that the Fed could potentially tip the economy into a recess

The SPDR S&P 500 ESG ETF is seeing unusually high volume in afternoon trading Thursday, with over 534,000 shares traded versus three month average volume of about 108,000. Shares of EFIV were off about 2.8% on the day.