Amazon Reveals the No. 1 Selling Product of the Holiday Weekend
The holiday season is only just getting started, and it's already been a banner one for Amazon (NASDAQ: AMZN). The shopping season normally kicks off in earnest with the sales that commence on the day after Thanksgiving. But Amazon wanted to get a jump on the competition, so it launched a week-long parade of deals with its "Countdown to Black Friday" sale, which began on Nov. 17.
We won't know until earnings season just how good things were. In typical Amazon fashion, the company revealed plenty of data points and juicy tidbits without releasing actual sales numbers. The details it did provide, however, offer a glimpse into the magnitude of its success.
Source: Fool.com
Amazon.com Inc. Stock
The stock is an absolute favorite of our community with 155 Buy predictions and no Sell predictions.
As a result the target price of 192 € shows a positive potential of 20.86% compared to the current price of 158.86 € for Amazon.com Inc..