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-0.00059012875536488 -0.00091201716738206 -0.00624999999999996 -0.00751072961373394 -0.0147532188841202 -0.0118830472103004 -0.00917381974248931 -0.0135193133047211
Stock impact report

Experts Clash on Amazon's (AMZN) Outlook [Yahoo! Finance]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Amazon is "undervalued" because of the strength of its cloud business, AWS, countered Chris McMahon, CEO of Aquinas Wealth. McMahon has a $280 price target on AMZN. Ken Wolter / Shutterstock.com Westfall's Bearish Take on AMZN Many of the "alarm bells" ringing for AMZN relate to "macro factors," according to Westfall. Both Walmart (WMT) and Delta (DAL) recently reported that consumer spending was softening, he noted. Moreover, Amazon's first-quarter fulfillment guidance came in slightly below expectations. And with U.S. tariffs being raised on China, AMZN is likely to take a significant hit from the latter development, since 25% of the products that the tech giant sells are made in the Asian country, he stated. Finally, AMZN's cloud business is likely to be hurt as companies become more cautious due to macro factors, Westfall warned. McMahon's Bullish Take on AMZN AWS generates $100 billion of annual revenue and is growing at a 20% annual clip, McMahon noted. Further, a Show less Read more
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