6 Reasons Amazon Is Set To Soar And Too Cheap To Ignore
Just because the market is 30% historically overvalued doesn't mean wonderful blue-chip bargains aren't plentiful.Today Amazon is 32% undervalued, and combined with high-yield blue-chips like BTI, offers 4% safe yield, and 17.6% CAGR long-term growth consensus, along with a 41% discount to fair value.In other words, income investors should harness the power of maximum safe yield and growth at a reasonable price to achieve the rich retirement they deserve.Amazon is perhaps the greatest growth sto
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Amazon Given Record $888 Million EU Fine for Data Privacy Breach
Luxembourg watchdog wields new powers with highest data fine. Fine follows probe based on complaint by French privacy group. Amazon.com Inc. faces the biggest ever European Union fine for a data privacy breach as its lead watchdog hit it with a 746 million-euro penalty for violating the bloc’s tough data protection rules.The Luxembourg data protection authority’s decision on July 16 was disclosed in a regulatory filing by Amazon on Friday. The decision said Amazon’s “processing of personal data
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Amazon Reports Earnings Thursday. Expect a Blowout.
Amazon reports earnings after Thursday’s closing bell. Expect a blowout.Another is that Amazon’s competitors have already reported solid numbers.Shopify, arguably one of the company’s most important rivals in e-commerce,posted better-than-expected results for the June quarter, noting that sustained digital commerce trends and U.S. stimulus checks in March and April drove revenues above expectations. Strong reports from Alphabet,Snap and Twitter suggest Amazon will post accelerating growth in its