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Amazon.com Punts on Profits to Scale Up Faster


Amazon.com Punts on Profits to Scale Up Faster

Online-retail giant and cloud-computing veteran Amazon.com (NASDAQ: AMZN) reported second-quarter results on Thursday night. The company delivered a mixed quarter with strong top-line sales but weaker operating profits, and guidance figures set the bar rather low for the next quarter.

Let's take a closer look at Amazon's second quarter.

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Source: Fool.com

Amazon.com Inc. Stock

€168.38
-1.520%
We can see a decrease in the price for Amazon.com Inc.. Compared to yesterday it has lost -€2.600 (-1.520%).
With 156 Buy predictions and not a single Sell prediction Amazon.com Inc. is an absolute favorite of our community.
With a target price of 196 € there is a slightly positive potential of 16.4% for Amazon.com Inc. compared to the current price of 168.38 €.
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