Amazon.com (AMZN) Rising Before The Market Opens

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.

Trade-Ideas LLC identified Amazon.com ( AMZN) as a pre-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified Amazon.com as such a stock due to the following factors:

  • AMZN has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $931.1 million.
  • AMZN traded 28,829 shares today in the pre-market hours as of 8:25 AM.
  • AMZN is up 2% today from yesterday's close.

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More details on AMZN:

Amazon.com, Inc. operates as an online retailer in North America and internationally. The company operates in two segments, North America and International. AMZN has a PE ratio of 505.9. Currently there are 24 analysts that rate Amazon.com a buy, no analysts rate it a sell, and 5 rate it a hold.

The average volume for Amazon.com has been 4.2 million shares per day over the past 30 days. Amazon.com has a market cap of $149.0 billion and is part of the services sector and retail industry. The stock has a beta of 0.81 and a short float of 1.8% with 2.65 days to cover. Shares are down 17.3% year-to-date as of the close of trading on Wednesday.

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