55,000 New Reasons To Be Bullish Amazon Stock

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55,000 New Reasons To Be Bullish Amazon Stock

TheStreet2021-09-09

When many US companies struggle to fill their job vacancies, Amazon plans to hire more than 50,000 new employees. This could be good news for Amazon stock and the company’s growth narrative. Amazon ...

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DZL
·2021-09-09
growing strong, boosting employment in US,no doubt one of few bulls amongst many bears in Nasdaq yesterday.
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- Stylerz:
  soon
  2021-09-09
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- DZL:
  long term growth weighted in
  2021-09-09
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ys2
·2021-09-09
??
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- Darrencwj:
  Ok
  2021-09-09
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JerryChiang
·2021-09-09
Amazon stock price has been going sideways since 2020 covid-19
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Sriwonc
·2021-09-09
Like pls
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- ys2:
  ??
  2021-09-09
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Kalpana
·2021-09-09
Ok
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This could be good news for Amazon stock and the company’s growth narrative.\nAmazon ...</p>\n\n<a href=\"https://www.thestreet.com/amazon/news/55000-new-reasons-to-be-bullish-amazon-stock\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMZN","symbol_name":"亚马逊","start_time":0,"source_url":"https://www.thestreet.com/amazon/news/55000-new-reasons-to-be-bullish-amazon-stock","article_id":"1114893346","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1114893346","pubTimestamp":1631149646,"columns":[],"sourceInfo":null,"weMediaInfo":null,"summary":"When many US companies struggle to fill their job vacancies, Amazon plans to hire more than 50,000 n","collect":0,"end_time":0,"defaultTopTitle":"thestreet.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMZN":"亚马逊"},"translate_title":"55000个看涨亚马逊股票的新理由","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMZN":0.9},"content_text":"When many US companies struggle to fill their job vacancies, Amazon plans to hire more than 50,000 new employees. This could be good news for Amazon stock and the company’s growth narrative.\nAmazon aims to hire over 55,000 new employees during its next Career Day, on September 15. The number may look small compared to Amazon’s total headcount of 1.3 million globally, 950,000 of whom in the US — out of curiosity,one out of every 153 US workers is an Amazon employee.\nHowever, this could be a good sign for Amazon stock investors, as the new hirings feed the company’s growth narrative that took a hit following second quarter earnings.\nFigure 1: Amazon fulfillment center.\nKeeping up with demand\nAs disclosed by Reuters, the demand is mostly for technology and corporate professionals to fill engineering, research science and robotics roles. Amazon hopes to position for growth in its e-commerce, cloud, computing, and advertising businesses — and even Project Kuiper, Amazon’s satellite internet venture that is a rival to Elon Musk’s Starlink.\nIn the wake of Amazon’s hiring efforts, notice below how important the headcount metric has been for the company’s revenue growth story. Amazon’s sales have increased in line with its workforce expansion (R-squared coefficient of 0.98). It is not a stretch to say, therefore, that Amazon’s ability to deliver on the top line is closely associated with the number of workers that the company attracts.\nFigure 2: Amazon revenues vs. workforce.\nGrowth plans: the key risk\nAmazon’s goal of hiring 55,000 people is not an easy one to accomplish. 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term growth weighted in","text":"long term growth weighted in","html":"long term growth weighted 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covid-19","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/889284751","repostId":1114893346,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":889284937,"gmtCreate":1631151270929,"gmtModify":1676530480730,"author":{"id":"3586424409701165","authorId":"3586424409701165","name":"Sriwonc","avatar":"https://static.tigerbbs.com/264a5cfcdc2db585d9b139a4c4d7b11d","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":6,"crmLevelSwitch":1,"authorIdStr":"3586424409701165","idStr":"3586424409701165"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/889284937","repostId":1114893346,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5800595,"gmtCreate":1631151857726,"gmtModify":1663233590448,"authorId":4089032478443890,"author":{"id":4089032478443890,"idStr":"4089032478443890","authorId":4089032478443890,"name":"ys2","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":889284937,"type":1,"supId":0,"prevId":0,"content":"??","text":"??","html":"??"}],"langContent":"EN"},{"id":889214908,"gmtCreate":1631150759804,"gmtModify":1676530480490,"author":{"id":"3583487187442003","authorId":"3583487187442003","name":"Kalpana","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3583487187442003","idStr":"3583487187442003"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/889214908","repostId":1114893346,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":70,"commentSize":5,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}