Amazon.com Remains Solid 2016 Investment: Analyst

By | December 16, 2015

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Amazon.com (AMZN) will remain a compelling investment opportunity through 2016, Cowen analyst John Blackledge wrote in a research note Wednesday. Both in the company’s e-tail business and its cloud computing business, Amazon Web Services (AWS), Blackledge says the company is going to continue to gain traction in 2016 — estimating earnings per share ex items will double to $10.64 from a predicted $5.69 in 2015. Blackledge also highlighted the Scalper1 News

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