Can Amazon.com Pass Macy’s As No. 1 Apparel Retailer?

By | July 20, 2015

Scalper1 News

Amazon.com (AMZN) stock hit an all-time high Monday after getting analyst upgrades and a prediction that it will pass Macy’s (M) as the No. 1 apparel retailer by 2017. Amazon stock was up 1.3%, near 489, in afternoon trading on the stock market today . It is the third trading day in a row that Amazon has hit a new high. Amazon reports second-quarter earnings after the close Thursday. Cowen & Co. analyst John Blackledge upgraded Amazon stock to Scalper1 News

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