3 Reasons to Like the Look of Amazon Ahead of Earnings
Amazon.com Inc. NASDAQ: AMZN may still be down 25% from its all-time high in February, but the stock is quietly showing signs of life. After closing just under $180 on Tuesday, shares are now up around 10% from last week’s low, with a trading pattern that suggests the worst of the selling could be in the rearview mirror. With earnings due next week, there’s a growing sense that Amazon could be setting up for a strong move higher. Expectations are building that the company will deliver yet another beat, con ...