Amazon.com Inc (AMZN): Today's Featured Retail Winner
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 higher today making it today's featured retail winner. The industry as a whole closed the day up 0.6%. By the end of trading, Amazon.com rose $5.47 (1.8%) to $318.12 on average volume. Throughout the day, 1,956,552 shares of Amazon.com exchanged hands as compared to its average daily volume of 2,460,400 shares. The stock ranged in a price between $313.26-$319.37 after having opened the day at $313.90 as compared to the previous trading day's close of $312.65. Other companies within the Retail industry that increased today were:
(
), up 9.4%,
(
), up 8.1%,
(
), up 5.4% and
(
), up 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 $143.5 billion and is part of the services sector. Shares are up 25.2% year to date as of the close of trading on Wednesday. Currently there are 24 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 robust revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. 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 negative front,
(
), down 6.4%,
(
), down 4.5%,
(
), down 3.7% and
(
), down 2.6% , were all laggards within the retail industry with
(
) being today's retail industry laggard.
- 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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