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-0.000340773555971989 -0.00049412165615942 -0.00161867439086725 -0.000439597887203897 -0.0034716306014652 -0.00621911739648995 -0.00741182484239215 -0.00570795706253184
Stock impact report

Why Amazon Stock is Perfect for the Rest of the Year [MSN Money]

United Parcel Service, Inc. (UPS) 
Last united parcel service, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.ups.com
Company Research Source: MSN Money
Shares of Amazon ( AMZN ) have been on fire throughout 2018, rising an impressive 67% so far on the year. Even more impressive, Amazon stock is up more than 100% over the past 12 months, as momentum has stayed strong in this now $1 trillion name. Load Error That may make investors leery to invest in Amazon. It doesn’t have the balance sheet strength of Apple ( AAPL ), another name we like in the fourth quarter,  and its valuation is wildly elevated when using traditional methods. But here’s the thing: Amazon isn’t a traditional company. Had all those bears sold AMZN stock short five or ten years ago and stayed short they’d all be bankrupt by now as it was overvalued then too. Clearly Amazon and its investors operate under a different set of rules. Those that want to fight it can do so at their own peril. Of course, one day the trend in Amazon stock will falter and shares will decline. It could happen next week, next month or next quarter. There’s no sure Show less Read more
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