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Stock impact report

These 3 Analysts Are Bullish on Amazon. Should You Follow? [The Motley Fool]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: The Motley Fool
After losing a quarter of its value, is the e-commerce juggernaut a buy? Oh, how the mighty have fallen. Since briefly achieving a market cap of more than $1 trillion , Amazon.com ( NASDAQ:AMZN ) stock has fallen on hard times, losing nearly 25% of its value since topping out in early September. What caused the decline? The recent market correction didn't help matters any, but a rare revenue miss and softer-than-expected guidance in conjunction with the company's most recent quarterly financial report convinced some investors the sky was falling. Not everyone is panicking, though, and a growing chorus of Wall Street analysts are saying the sell-off is overdone. One went so far as to say that Amazon is his best idea for 2019. Let's look at the justification for these bullish calls to see if investors should follow suit. Image source: Getty Images. Watch the margins Piper Jaffray analyst Michael Olson thinks investors aren't focusing on the big picture. He Show less Read more
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