|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||104.08 - 105.94|
|52 Week Range||59.82 - 106.73|
|Beta (5Y Monthly)||0.96|
|PE Ratio (TTM)||41.54|
|Earnings Date||Oct 13, 2020 - Oct 19, 2020|
|Forward Dividend & Yield||2.32 (2.21%)|
|Ex-Dividend Date||Jun 15, 2020|
|1y Target Est||102.53|
If there was any doubt about the boom in e-commerce, Amazon (NASDAQ: AMZN) just put that to rest. Amazon is one of the biggest companies in the world, and that surge shows just how much demand for e-commerce has accelerated during the crisis. For Amazon, the timing was fortuitous, as the company had excess capacity reserved for the expected spike in holiday sales, and was, therefore, able to ramp up to meet demand from both customers and its third-party marketplace sellers.
The course of the COVID-19 pandemic is proving impossible to predict, frustrating health officials and governments alike as they struggle to keep the economy alive amid a resurgence of cases. The stock has a 2% dividend yield.
Allan Boomer, Momentum Advisors Chief Investment Officer, joins Yahoo Finance’s The First Trade with Alexis Christoforous and Brian Sozzi to discuss what’s moving the markets on Thursday morning.