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Amazon Ripping the Shorts

Stock quotes in this article: AMZN , GOOG , YHOO , EBAY , IACI  

Updated from 9:32 a.m. EDT

Wall Street can't get enough of Amazon.com(AMZN Quote) right now -- just as it couldn't get far enough away from the online retailer's stock a few months ago.

Shares of Amazon gained 0.85% in trading on Tuesday, adding to Monday's hefty 7% gain. The stock has risen 50% in the month since Amazon beat first-quarter earnings targets, leading to a rout of investors who were skeptical about Amazon's growth prospects.

This week's rally was triggered in part by bullish reports by Wall Street analysts at Jackson Securities and Citigroup, who now see the stock positioned for even further gains even in the wake of enormous recent spikes. ...

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