What Investors Might Have Missed in the Market Last Week
Last week had a lot of news. Aside from all eyes focusing on Hurrican Irma, concerns again grew about tensions with North Korea and investors grew pessimistic about an interest rate hike by year's end.
When all was said and done, the Dow Jones Industrial Average and S&P 500 declined 0.68% and 0.41% for the week, respectively. Here are some of the big headlines and big movers from the week.
It's been tough for many brick-and-mortar retailers as Amazon.com (NASDAQ: AMZN) has time after time shown it could enter many markets and quickly make its presence known. Amazon's challenge has forced many retailers to develop successful or at least promising e-commerce strategies in order to be considered quality stocks to own. Kohl's Corporation (NYSE: KSS), while also focusing on e-commerce growth, made an intriguing move last week when it announced a partnership with Amazon that pushed its stock almost 6% higher for the week.
Source: Fool.com
Amazon.com Inc. Stock
With 156 Buy predictions and 1 Sell predictions Amazon.com Inc. is one of the favorites of our community.
With a target price of 190 € there is a slightly positive potential of 12.6% for Amazon.com Inc. compared to the current price of 168.74 €.
