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3 Things That Could Get Amazon Stock Popping Again

These catalysts could pull AMZN stock out of the dumps

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Amazon Stock: Just Beat the Street

amazon-stock-amzn-stockAs noted, Amazon plows so much cash back into growing its business that it has a nasty habit of missing Wall Street’s estimates. Sometimes AMZN even delivers a surprise loss, even after analysts make conservative assumptions and lowball their own numbers.

Against that backdrop, AMZN could do Amazon stock a huge favor just by hitting the Street’s numbers. And if it could actually beat some of those forecasts — which are still quite rosy — AMZN stock would no doubt get a big lift.

After all, even after making the Street look like optimistic fools more than once, analysts’ average estimates for AMZN still call for strong top- and bottom-line gains. For the current year, the Street sees revenue rising 22%. (By comparison, S&P 500 revenue is likely to grow just a couple percentage points.) Earnings per share, meanwhile, are expected to hit $1.09 vs. 59 cents a year ago. The hot growth is there, but over-delivering by even a little would be the best catalyst Amazon stock could have.

As of this writing, Dan Burrows did not hold a position in any of the aforementioned securities.

Article printed from InvestorPlace Media,

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