Amazon.com Inc (AMZN): Today's Featured Retail Loser
(
) pushed the Retail industry lower today making it today's featured Retail loser. The industry as a whole closed the day down 0.9%. By the end of trading, Amazon.com Inc fell $6.59 (-3.5%) to $182.40 on light volume. Throughout the day, 4.8 million shares of Amazon.com Inc exchanged hands as compared to its average daily volume of 6.9 million shares. The stock ranged in price between $181.51-$190.83 after having opened the day at $190.41 as compared to the previous trading day's close of $188.99. Other company's within the Retail industry that declined today were:
(
), down 6.2%,
(
), down 5.9%,
(
), down 5%, and
(
), down 4.6%.
Amazon.com, Inc. operates as an online retailer in North America and internationally. It operates retail Web sites, including amazon.com and amazon.ca. The company serves consumers through its retail Web sites and focuses on selection, price, and convenience. Amazon.com Inc has a market cap of $85.94 billion and is part of the
sector. The company has a P/E ratio of 99.5, equal to the average retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 5% year to date as of the close of trading on Wednesday.
TheStreet Ratings rates Amazon.com as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Amazon.com Ratings Report.
On the positive front,
(
), up 4.9%,
(
), up 4.7%,
(
), up 4.3%, and
Brazilian Distribution Company
(
), up 3.3%, were all gainers within the retail industry with
(
) being today's featured retail industry winner.
- 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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