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Checking out AMZN further could be a |
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great decision, as revenues are stable. |
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Released on Thursday, September 15, 2011, 10:30 PM ET
Pittsburgh, PA (SpeculatingStocks) -Amazon.com, Inc. (NASDAQ: AMZN) the large online sales website, may be a high-priced stock, but it’s one that moves, and in the right direction.
AMZN is trading at $226.78 per share (4:48 PM EDT) which might be a little high, but even at that price it moves fairly strong—enough to realize a strong profit. Amazon’s financial profile is also very strong. The company has working capital of $3.2 Billion with a total of $17.9 Billion in assets.
Jeff Bezos, who has been the CEO since 1996 and Chairman of the Board of Amazon since its inception in 1994, has shown amazing returns on the company—as well as making it a house-hold name. The addition of the Amazon bookstore, which allows customers to purchase and read books, magazines, newspapers, and journals through either their Amazon Kindle or other compatible device—such as the iPad was a great step of innovation and has allowed to keep Amazon in the growth and expansion stage at a time when other successful companies are becoming cash-cows.
Amazon is a high-cap stock with a market cap of $102.9 Billion, and it has proven to be a stock with a high constant return through-out its existence. To date the stock has an EPS of of 2.22 and a beta of 1.15 making a strong returning stock.
Checking out AMZN further could be a great decision, as revenues are stable and expenses are low, Amazon seems to be looking like a company that will survive well into the future.
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