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Trump attacks Washington Post, calls it Amazon's 'chief lobbyist'

06 April 2018

$1632.39's average target is 12.44% above currents $1451.75 stock price. Raab And Moskowitz Asset Mngmt Limited Liability Corp has invested 0.83% in Amazon.com, Inc.

President Donald Trump took another swing at the "fake news Washington Post" on Thursday, condemning the newspaper's "phony headlines" regarding the ongoing trade tit-for-tat with China and slamming it as "chief lobbyist" for Amazon, whose founder, Jeff Bezos, owns the newspaper. "Meanwhile, estimates have been stable ahead of the company's Q1 earnings release".

Several other large investors have also added to or reduced their stakes in AMZN. (NASDAQ:AMZN). Germany-based Meag Munich Ergo Kapitalanlagegesellschaft Mbh has invested 1.31% in Amazon.com, Inc. Amazon.com, Inc. (NASDAQ:AMZN) has risen 76.78% since April 6, 2017 and is uptrending.

Inc (NASDAQ: AMZN) has a beta of 1.59, contrast to a beta of 1 for the market, which implies that the stock's price movements are less extreme than the market as a whole. Four equities research analysts have rated the stock with a hold rating, forty-eight have issued a buy rating and two have issued a strong buy rating to the company's stock. The firm has "Buy" rating given on Friday, February 2 by Jefferies. About 6.41 million shares traded or 1.32% up from the average. Performance may not be indicative of the company due to negative pressures, but in turn, this will lead to potential value stocks that are trading below their mark. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.76 and a current ratio of 1.04. Cornerstone Advisors Inc who had been investing in Amazon Com Inc for a number of months, seems to be less bullish one the $702.80B market cap company.

(NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, February 1st. Analysts are forecasting earnings of $1.25 on a per share basis this quarter. Taking short look on returns of the firm, net profit margin recorded as 37.10% while operating profit margin was 2.30%, whereas price to sale ratio stands at 3.80 and it indicates how much investor paid for a share compared to the sales a company generated per share. Oppenheimer reaffirmed a "buy" rating on shares of Amazon.com in a research report on Friday, February 2nd. AMZN stock price revealed optimistic move of 21.54% comparing average price of last 200 days. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

In terms of Buy, Sell or Hold recommendations, Amazon.com Inc (NASDAQ: AMZN) has analysts' mean recommendation of 1.70. The institutional investor held 11,634 shares of the consumer services company at the end of 2017Q4, valued at $13.61 million, up from 11,357 at the end of the previous reported quarter. Reynolds Shelley sold $795,502 worth of stock or 544 shares. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data.

Gratia Capital Llc, which manages about $521.00 million and $399.23M US Long portfolio, upped its stake in Century Cmntys Inc (NYSE:CCS) by 121,628 shares to 870,554 shares, valued at $27.07 million in 2017Q4, according to the filing. Chemical Bank raised its stake in shares of Amazon.com by 5.0% during the fourth quarter. Goldman Sachs Group Inc sold 10,800 shares as the company's stock rose 28.13% while stock markets declined.

Neville Rodie & Shaw Inc. increased its stake in shares of Amazon.com, Inc. Green Square Capital LLC now owns 5,266 shares of the e-commerce giant's stock valued at $6,158,000 after acquiring an additional 376 shares in the last quarter. London Com Of Virginia holds 0% of its portfolio in Amazon.com, Inc. Vestor Capital LLC now owns 109 shares of the e-commerce giant's stock valued at $106,000 after acquiring an additional 10 shares during the last quarter.

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Over the last couple of days, Trump let loose a series of tweets out to the public accusing Amazon of not paying their fair share of taxes.

Trump attacks Washington Post, calls it Amazon's 'chief lobbyist'