Is It Time To Stock Up On Some Amazon (AMZN)
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This Friday ignites the holiday shopping season and Amazon.com (Nasdaq: AMZN) will be a direct beneficiary of this holiday shopping season. Shoppers are going to be less-willing to drive long distances to shopping malls to buy their Christmas gifts with gas prices approaching all-time highs.
I expect this to be Amazon's best holiday shopping season ever as a public company and the stock may also benefit from improved numbers when AMZN releases its results.
Amazon is currently trading downover $20 from its 52-week high of $101.
I expect this to be Amazon's best holiday shopping season ever as a public company and the stock may also benefit from improved numbers when AMZN releases its results.
Amazon is currently trading downover $20 from its 52-week high of $101.
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