Some may say that technical analysis is 'bunk' but it's just that which caused me to short AMZN. Now you can say they're #1 when it comes to online sales but my question is, has their growth hit a plateau? Trading at 170x p/e, anything is possible. (click chart to enlarge). Talk is that MSFT is bringing the smart home to Windows. The feature will allow Cortana to be summoned on any Windows 10 PC lock screen. It's expected to appear in Win 10 updates starting in 2017 and this software-only feature could trump AMZN Echo and GOOG Home due to the obvious convenience of screen access. From an investor point of view, I would definitely take some off the table at this point and invest it in banks, industrials and insurers. But let's take a look at sales. No growth in 2016? Now that's interesting.
Amazon sports some pretty startling numbers. Let’s dive into various reports for a close look.
Amazon captured 31% of online spending over Cyber Weekend
CNBC reports Amazon captured 31%
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