Now That Amazon’s Pandemic-Era Boom Is Over, Is It Time To Sell The Stock?

46
8
Favorite

Now That Amazon’s Pandemic-Era Boom Is Over, Is It Time To Sell The Stock?

investing.com2021-08-02

After a year of remarkable gains, e-commerce giant, Amazon.com is now finding itself in rough waters. AMZN Weekly TTM Shares of the company plunged almost 8% on Friday, the stock's biggest slump in ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（8）

tucktan78
·2021-08-02
Good
Reply
Like
Report
Fold Replies
- tucktan78:
  good
  2021-08-02
  Reply
  Report
SquareGuy
·2021-08-02
2800 [微笑] [微笑] I will buy back 10 shares
Reply
1
Report
semsem
·2021-08-02
I think that's the right decision
Reply
Like
Report
KengHoon
·2021-08-02
Tell me your opinion about this news...
Reply
Like
Report
ahleemama
·2021-08-02
BUYYY
Reply
Like
Report
DarthJCVader
·2021-08-02
Like and follow
Reply
1
Report
Fold Replies
- jijimo:
  Ok
  2021-08-02
  Reply
  Report
- kuppi:
  add a comment to like
  2021-08-02
  Reply
  Report
farhan888
·2021-08-02
Wow
Reply
2
Report
Fold Replies
- Freedom7:
  Nice
  2021-08-02
  Reply
  Report
peachespicks
·2021-08-02
Like pls
Reply
2
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1161638572?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-08-02 14:27","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1161638572","market":"us","top_or_hot":-1,"title":"Now That Amazon’s Pandemic-Era Boom Is Over, Is It Time To Sell The Stock?","media":"investing.com","content":"<div>\n<p>After a year of remarkable gains, e-commerce giant, Amazon.com is now finding itself in rough waters.\nAMZN Weekly TTM\nShares of the company plunged almost 8% on Friday, the stock's biggest slump in ...</p>\n\n<a href=\"https://www.investing.com/analysis/now-that-amazons-pandemicera--boom-is-over-is-it-time-to-sell-the-stock-200595368\">Source Link</a>\n\n</div>\n","source":"lsy1594375853987","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Now That Amazon’s Pandemic-Era Boom Is Over, Is It Time To Sell The Stock?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNow That Amazon’s Pandemic-Era Boom Is Over, Is It Time To Sell The Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 14:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investing.com/analysis/now-that-amazons-pandemicera--boom-is-over-is-it-time-to-sell-the-stock-200595368><strong>investing.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After a year of remarkable gains, e-commerce giant, Amazon.com is now finding itself in rough waters.\nAMZN Weekly TTM\nShares of the company plunged almost 8% on Friday, the stock's biggest slump in ...</p>\n\n<a href=\"https://www.investing.com/analysis/now-that-amazons-pandemicera--boom-is-over-is-it-time-to-sell-the-stock-200595368\">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.investing.com/analysis/now-that-amazons-pandemicera--boom-is-over-is-it-time-to-sell-the-stock-200595368","article_id":"1161638572","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1161638572","pubTimestamp":1627885628,"sourceInfo":{"source_id":"lsy1594375853987","name":"英为财情Investing"},"weMediaInfo":null,"summary":"After a year of remarkable gains, e-commerce giant, Amazon.com is now finding itself in rough waters","collect":0,"end_time":0,"defaultTopTitle":"investing.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMZN":"亚马逊"},"translate_title":"现在亚马逊流行病时代的繁荣已经结束，是时候出售股票了吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMZN":0.9},"content_text":"After a year of remarkable gains, e-commerce giant, Amazon.com is now finding itself in rough waters.\nAMZN Weekly TTM\nShares of the company plunged almost 8% on Friday, the stock's biggest slump in more than a year, after the e-tail behemoth disappointed investors with its latestearnings report, released on Thursday, after the close.\nOn its face, Q2 earnings weren’t bad. The Seattle-based tech giant made $113.1 billion in sales, a jump of 27% in the period that ended on June 30, slightly missing analysts’ consensus estimate of $115 billion. Profit was $15.12 a share in the period, surpassing the average estimate of $12.28.\nInvestors also overlooked better-than-predicted profits and a strong performance from the company’s advertising business as well as from Amazon Web Services, the company's cloud unit. AWS revenue jumped 37% in the quarter to $14.8 billion—the biggest year-over-year sales jump in two years. The company’s “other” revenue category, primarily advertising sales, gained 87% to $7.92 billion. Both units topped analysts’ estimates.\nBut beyond these fantastic growth numbers, Amazon didn’t have much to satisfy growth-hungry investors, concerned that the remarkable run the online retailer had during the pandemic is perhaps already in the rearview mirror.\nShareholder focus is on the company's core e-commerce business which is, indeed, slowing, especially at the same time that founder Jeff Bezos has handed over the executive role to a long-time lieutenant, Brian Olsavsky. In a conference call, the new CEO didn’t mince words regarding the situation, telling analysts the slowdown in sales will continue through the remainder of the year.\n“People are getting out more and doing things besides shopping,” Olsavsky said in a call with reporters, referring to the reopening of the economy after more than a year of restrictions which created a conducive environment for online shopping.\nAnalysts Remain Bullish On The Stock\nRevenue will be $106 billion to $112 billion in the period ending in September, Amazon said. Operating profit will be $2.5 billion to $6 billion. Analysts, on average, projected $8.11 billion in profit on sales of $118.7 billion, according to data compiled by Bloomberg.\nDespite the setback on the earnings front, the majority of Wall Street analysts remain bullish on the company’s long-term prospects and its leading position in e-commerce. Though some have adjusted their price targets on the stock as sales slow, many believe any lingering weakness offers a buying opportunity.\nThe Telsey Advisory Group has an outperform rating and $4,000 price target for Amazon. Analysts said in its note that the company is becoming more valuable in the post-pandemic environment:\n\n “We understand Amazon shares are likely to trade down, given soft 2Q21 results and a lower 3Q21 outlook. That said, we believe Amazon is executing at a high level and should continue to gain market share by leveraging its sticky customer base, small business relationships, and retail consolidation. The focus on newer businesses and initiatives—grocery, pharmacy, fashion, home, private brands, third-party, same-day/one-day delivery, and Amazon Logistics—is making Amazon more valuable.”\n\nStifel Nicolaus, which also has a buy rating on the stock with a price target of $4,400, said:\n\n “We now have better visibility into the 2H and estimates are adjusted better reflecting the new normal as we emerge from the pandemic. We believe the setup is attractive now that the shares are on the other side of the COVID comp reset. We would be buyers on the share decline stemming from tonight’s report.”\n\nOf 49 analysts polled by Investing.com, 48 had a buy rating on AMZN, labeling it a stock that will 'outperform.'\nAMZN Consensus Estimate\nChart: Investing.com\nThe average, 12-month price target provided by respondents was $4,169, or a +25% upside.\nBottom Line\nShares of Amazon.com may experience more downside after the weak Q3 guidance for its core e-commerce sales, post the brisk buying activity seen during the pandemic.\nBut that weakness offers an entry point for investors sitting on the sidelines, given the company’s rapidly expanding revenues from its cloud and ad businesses, along with its still-dominant position in the e-commerce arena.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":805487135,"gmtCreate":1627899441827,"gmtModify":1703497457698,"author":{"id":"3582022452047945","authorId":"3582022452047945","authorIdStr":"3582022452047945","name":"tucktan78","avatar":"https://static.tigerbbs.com/7e6a5919ad6401dac07bda04522a83e7","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3582022452047945"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/805487135","repostId":1161638572,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5402503,"gmtCreate":1627899455283,"gmtModify":1663231819849,"authorId":3582022452047945,"author":{"id":3582022452047945,"authorId":3582022452047945,"name":"tucktan78","avatar":"https://static.tigerbbs.com/7e6a5919ad6401dac07bda04522a83e7","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":805487135,"type":1,"supId":0,"prevId":0,"content":"<u>good</u>","text":"<u>good</u>","html":"<u>good</u>"}],"langContent":"EN"},{"id":805531850,"gmtCreate":1627890381670,"gmtModify":1703497272361,"author":{"id":"3561259559295872","authorId":"3561259559295872","authorIdStr":"3561259559295872","name":"SquareGuy","avatar":"https://static.tigerbbs.com/c4aa86e9311a7ff0643a2e9f93645a8c","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3561259559295872"},"htmlText":"2800 [微笑]&nbsp;[微笑]&nbsp;I will buy back 10 shares","listText":"2800 [微笑]&nbsp;[微笑]&nbsp;I will buy back 10 shares","text":"2800 [微笑] [微笑] I will buy back 10 shares","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/805531850","repostId":1161638572,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":805599108,"gmtCreate":1627889319504,"gmtModify":1703497253808,"author":{"id":"3582710052830337","authorId":"3582710052830337","authorIdStr":"3582710052830337","name":"semsem","avatar":"https://static.tigerbbs.com/5b9f05e7dbe5d400cc4455ee79b32617","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3582710052830337"},"htmlText":"I think that's the right decision","listText":"I think that's the right decision","text":"I think that's the right decision","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/805599108","repostId":1161638572,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":805272906,"gmtCreate":1627887959205,"gmtModify":1703497230447,"author":{"id":"3583817878750204","authorId":"3583817878750204","authorIdStr":"3583817878750204","name":"KengHoon","avatar":"https://static.tigerbbs.com/630bb3f646c71788964156b7feec11db","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583817878750204"},"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/805272906","repostId":1161638572,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":805270004,"gmtCreate":1627887369008,"gmtModify":1703497221594,"author":{"id":"3585830139314556","authorId":"3585830139314556","authorIdStr":"3585830139314556","name":"ahleemama","avatar":"https://static.tigerbbs.com/9e5556ad29b085a364d6ea7d326015c1","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3585830139314556"},"htmlText":"BUYYY","listText":"BUYYY","text":"BUYYY","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/805270004","repostId":1161638572,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":805256509,"gmtCreate":1627886204401,"gmtModify":1703497200406,"author":{"id":"3586259351965640","authorId":"3586259351965640","authorIdStr":"3586259351965640","name":"DarthJCVader","avatar":"https://static.tigerbbs.com/4aa33c91b1bcd156203ed5144c1c5a0c","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3586259351965640"},"htmlText":"Like and follow","listText":"Like and follow","text":"Like and follow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/805256509","repostId":1161638572,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5401013,"gmtCreate":1627886960755,"gmtModify":1663231811655,"authorId":3577075923922212,"author":{"id":3577075923922212,"authorId":3577075923922212,"name":"jijimo","avatar":"https://static.tigerbbs.com/22bac6d28b6513739fc962def9c071bd","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":805256509,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":5401020,"gmtCreate":1627887016989,"gmtModify":1635162139183,"authorId":3575011341539105,"author":{"id":3575011341539105,"authorId":3575011341539105,"name":"kuppi","avatar":"https://static.tigerbbs.com/1a1c96e4fc6f6f67de0450751c853214","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":805256509,"type":1,"supId":5401013,"prevId":0,"content":"add a comment to like","text":"add a comment to like","html":"add a comment to like"}],"langContent":"EN"},{"id":805256806,"gmtCreate":1627886192405,"gmtModify":1703497200567,"author":{"id":"4088578607242990","authorId":"4088578607242990","authorIdStr":"4088578607242990","name":"farhan888","avatar":"https://static.tigerbbs.com/d77411e08481f7c9fe8d3cb53f968a7e","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4088578607242990"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/805256806","repostId":1161638572,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5400966,"gmtCreate":1627886238955,"gmtModify":1663231812540,"authorId":4087963570193980,"author":{"id":4087963570193980,"authorId":4087963570193980,"name":"Freedom7","avatar":"https://static.tigerbbs.com/aa9aa6c4ab38cf13a963bc16fd8787ef","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":805256806,"type":1,"supId":0,"prevId":0,"content":"Nice","text":"Nice","html":"Nice"}],"langContent":"EN"},{"id":805259527,"gmtCreate":1627885980469,"gmtModify":1703497194774,"author":{"id":"4087652655168070","authorId":"4087652655168070","authorIdStr":"4087652655168070","name":"peachespicks","avatar":"https://static.tigerbbs.com/652bfc30da52de68b149d111b8af6575","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4087652655168070"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/805259527","repostId":1161638572,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":46,"commentSize":8,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}