Like millions of other Christmas shoppers, I ran-up a big bill on Amazon.com (AMZN). Actually, I do this throughout the year. The fact is that Amazon's selection and pricing are top-notch. Shipping is also quick.

But these things aren't cheap. On the latest quarterly report, Amazon.com showed a big increase in expenses, which put a crimp in margins. Friday morning trading, the stock was off 8% to $170.

Continue reading Amazon.com's Expensive Christmas

Amazon.com's Expensive Christmas originally appeared on BloggingStocks on Fri, 28 Jan 2011 12:00:00 EST. Please see our terms for use of feeds.

Continue reading Futures Lower as Investors Await GDP Data, Amazon Earnings Disappoint

Futures Lower as Investors Await GDP Data, Amazon Earnings Disappoint originally appeared on BloggingStocks on Fri, 28 Jan 2011 08:30:00 EST. Please see our terms for use of feeds.

Amazon's (AMZN) 52-week low is $91.70 and its 52-week high is $166.13. It closed yesterday's regular session at $164.97. It ran into some trouble during the after-hours period that followed, falling 4% at one point to $158.30. Is it time to panic and send in the sell order?

I don't think so. Quite frankly, I've learned that this online retailer has the kind of brand equity that will allow it to generate growth for years to come. Consumers love and trust the experience they get from using the site. Not only is this company useful for the long-term, it's also been a pretty good bet for traders as well.

Continue reading Amazon Still Looks Good After Q3 Earnings

Amazon Still Looks Good After Q3 Earnings originally appeared on BloggingStocks on Fri, 22 Oct 2010 09:00:00 EST. Please see our terms for use of feeds.

Every time I see a story about Amazon.com, Inc. (NASDAQ: AMZN) I am infuriated and bewildered. How in the world can a 13 year old company have a P/E ratio of 70 and $32 billion capitalization on 37% year over year growth. The top line growth is great and so is the growth in net earnings but does it justify a P/E of 70?

Yesterday Amazon impressed Wall Street by beating expectations in many areas. However, two areas that disappointed were it's reduced earnings projections for the year and a lack of transparency or specifics in certain segments of its enterprise. Also if earnings were lowered by 4% to 6% then why is the stock only down 3%?

The stock is down about $2 from yesterday's close of $81 fluctuating in the the high 70's. From my perspective the stock is way too high and the limited number of shareholders is still holding up the price. Last year I wrote Who owns Amazon.com - really? and not much has changed in this regard.

Continue reading Serious Money: Infuriated by Amazon numbers?!

Serious Money: Infuriated by Amazon numbers?! originally appeared on BloggingStocks on Thu, 24 Apr 2008 16:31:00 EST. Please see our terms for use of feeds.

Earnings preview: Can Amazon.com do it again? originally appeared on BloggingStocks on Tue, 24 Jul 2007 13:15:00 EST. Please see our terms for use of feeds.

Amazon.com investors are not pleased. Not at all. The internet retailer had major strategy changes this quarter with the embittered breakup with longtime partner Toysrus.com, and that combined with other factors to send net income down 58% from the year-ago quarter. Quarterly net income was $22 million, five cents per diluted share, versus $50 million, or 12 cents per share, in 2005. Sales, however, were good and within Amazon's forecasted range at $2.14 billion, up 22%.

Investors didn't seem to care much that sales showed such a strong growth rate, or that Amazon.com had, indeed, warned of ill effects of the end of the Toysrus.com partnership. After falling 72 cents in intraday trading ahead of the earnings release, shares were down another $3.47, or 12.2% on the day, in after-hours trading a few minutes after the announcement.

Amazon.com's 52-week low is $30, only a few pennies less than where the stock stands in after-hours.

Amazon.com 2nd quarter earnings release: not happy originally appeared on BloggingStocks on Tue, 25 Jul 2006 16:43:00 EST. Please see our terms for use of feeds.