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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen7/28/2016 9:50:02 AM
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What to watch for in Amazon earnings

Amazon.com Inc. is expected to announce second-quarter earnings on Thursday after the closing bell.

Fresh off of a Prime Day event that the company said was the biggest day ever for the company, Amazon AMZN, +0.92% is expected to report solid results for the quarter. But analysts are looking for takeaways from the earnings announcement that go beyond e-commerce sales.

Amazon shares have an average overweight rating among 44 analysts polled by FactSet. The average price target is $830.63, or 13% above Tuesday’s closing price of $735.59.

marketwatch.com

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