Amazon.com Inc (AMZN): Today's Featured Retail Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Retail industry lower today making it today's featured Retail laggard. The industry as a whole closed the day up 0.8%. By the end of trading, Amazon.com fell $4.58 (-1.5%) to $304.11 on average volume. Throughout the day, 3,022,832 shares of Amazon.com exchanged hands as compared to its average daily volume of 3,100,100 shares. The stock ranged in price between $301.87-$306.34 after having opened the day at $306.27 as compared to the previous trading day's close of $308.69. Other companies within the Retail industry that declined today were:
(
), down 7.0%,
(
), down 6.7%,
LightInTheBox Holding Co Ltd ADR
(
), down 5.0% and
(
), down 4.5%.
Amazon.com, Inc. operates as an online retailer in North America and internationally. The company operates in two segments, North America and International. Amazon.com has a market cap of $139.7 billion and is part of the services sector. Shares are up 22.3% year to date as of the close of trading on Wednesday. Currently there are 25 analysts that rate Amazon.com a buy, no analysts rate it a sell, and 9 rate it a hold.
TheStreet Ratings rates
Amazon.com
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.
- You can view the full Amazon.com Ratings Report.
On the positive front,
(
), up 22.4%,
(
), up 16.8%,
(
), up 12.5% and
(
), up 8.1% , were all gainers within the retail industry with
(
) being today's featured retail industry leader.
- Use our retail section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider
(
) while those bearish on the retail industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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