AMZN has given investors 3 bites of the cherry in the past week to get in at a decent price before it heads towards 1500.
Wal-Mart's e-commerce surge and other takeaways for brands Wal-Mart reported fiscal first-quarter earnings that showed a huge spike in e-commerce sales as it slightly beat analyst expectations on the bottom line and slightlymissed on revenue. Should Amazon be worried? Maybe. Should brand marketers be worried? Definitely.(Ad Age)
I don't think so, Amazon has a significant competitive advantage in nearly every aspect of global online retailing. The traditional bricks and mortars just can't deliver on a global level like Amazon can and Amazon has too big a head start. Amazon has a financial advantage, buying power advantage, location advantage, stock/fulfilment advantage, technology advantage, digital advantage, ecosystem advantage, brand advantage, private label advantage, logistics advantage, cost advantage, human resource advantage, diversification advantage and the list goes on. I couldn't envisage Wallmart delivering a package to me outside the U.S. let alone with the same level of efficiency. It wouldn't take much for WalMart to improve its online sales in the U.S and this news is good for Amazon investors. https://www.forbes.com/sites/panosm...art-will-never-beat-amazon/?c=0&s=GettingBuzz
The Amazon brand has universal appeal, I'm not sure I could imagine people outside the U.S. saying "I bought it from WalMart" Lol They'll probably have to create a new brand for their global retail business.
$AMZN Long-term uptrend remains intact for potential retest of key 970.06 barrier. All major EMAs are still rising.
FOLLOW subscribe SHARE June 7, 2017 Good morning. The 63rd annual Fortune 500 list is out this morning, and—drum roll, please—the five biggest public companies in the U.S., measured by revenue, are: 1) Walmart 2) Berkshire Hathaway 3) Apple 4) Exxon Mobil 5) McKesson Walmart has a pretty firm lock on the top spot, which it has occupied for five years straight. But what’s interesting is the rise of Warren Buffet’s Berkshire Hathaway, which may seem like yesterday’s company but this year achieved its highest ranking ever. That’s partly because both Apple and Exxon saw revenues slip, 7.7% and 16.7% respectively. Still, tech hasn’t lost its mojo, with Amazon weighing in at number 12, up from 18 last year; Alphabet moving up to 27 from 36; Facebook jumping to 98 from 157; and Netflix moving to 314 from 379. If you rank them by market value, Apple is 1, Alphabet is 2, Microsoft is 3 and Amazon is 4—giving a clear sense of where investors think the future lies. There are also some interesting newcomers to the list this year, including Tesla, which weighed in at number 383, Activision Blizzard, and Adobe. If you are still puzzling over Monday’s quiz question, the answer is Activision’s Bobby Kotick, who earned $33 million last year and is dating Facebook’s Sheryl Sandberg. You can read Fortune’s new stories about Tesla’s growth in China and Activision’s stunning ascent here and here. A few fun facts based on our survey of Fortune 500 CEOs: Most of the CEOs believe over the next twelve months the global economy will either be about the same as last year (60%) or better (36%). Only 4% think it will be worse; 68% expect to increase their company’s employment over the next two years; only 19% plan to cut; 61% say the election of Donald Trump has had no effect on their business; 26% say he’s been good for their business; and 13% say bad; and 77% say Trump’s election has had no effect on their hiring plans this year, while 22% say they will hire more than planned because of Trump and his policies; only 1% said they will hire less than planned. You can find the full list here. More news below. Alan Murray @alansmurray alan.murray@fortune.com
AMZN should do a 50 to 1 split. Make the shares $20. It would be $1500 ($25) in no time. I know nothing changes technically, but parents would be buying for their kids, people with small accounts will see it as "cheap" lol, etc. Its all psychological anyway... and PE is obviously not an issue... fundamentals mean absolutely nothing. I bet it would pop $50/share just on the news. Send Bezos a note. Maybe Elon should do this too.