Hot Stocks to Watch: Amazon (AMZN)
Many people avoid Amazon’s (AMZN) Kindle Fire tablets, even though they’re consistently rated among the best around when it comes to hardware. One of the main reasons? Amazon’s decision to use its own version of Android (Fire OS) and force owners to its app store.
That perceived downside could turn into a big positive if Android malware hits in a big way. Amazon could leverage its locked-down Kindle tablets and its app store — which screens apps carefully and keeps out software that requires root access to the device — as the “safe” version of Android.
If Android malware, viruses and hacks become headlines, consumers who still want an alternative to the Apple (AAPL) iPad may well choose the safer Kindle Fire over pure Android tablets.
Given Amazon’s challenge in maintaining tablet sales volume outside of the holidays, an increase in year-round Kindle Fire sales is just another reason AMZN is one of our hot stocks to watch … especially if Android malware becomes a problem.