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AMZN Jun 2024 4200.000 call

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  • Barrons.com

    Amazon Stock Is on a Roll. Here’s Why It’s on This Firm’s ‘Best Ideas List.’

    Amazon reported strong first-quarter results, with revenue and operating income ahead of expectations. The company delivered operating income of $15.3 billion, above consensus of $11.3 billion, while reporting better-than-expected growth in both Amazon Web Services (+17.2% year over year versus Street +15%) and advertising (+24.3% Y/Y versus Street +23.5%). Amazon has now reported operating income above the high end of its guidance range for five consecutive quarters, and the company has a number of drivers for further margin expansion in place, including continued cost efficiencies within its fulfillment network as well as the ongoing mix shift toward higher-margin AWS and advertising revenue.

  • Motley Fool

    How to Win in Business: Be Right, Be Positive

    Author Elliott Parker helps us think about how to spot the difference between world-changing innovations and corporate theater.

  • Zacks

    Should You Invest in Amazon (AMZN) Based on Bullish Wall Street Views?

    The average brokerage recommendation (ABR) for Amazon (AMZN) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?