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Author: Tara Clarke

What to Do with Amazon.com’s (Nasdaq: AMZN) “No Big Surprises” Earnings Report

Amazon (Nasdaq: AMZN) stock surged to finish up 3.87% at close today (Thursday) ahead of its Q1 2014 earnings reveal. Shares continued to rally in after-hours trading, up another 0.8 % around 4:45 p.m. EDT.

“I don’t care whether Amazon misses today, I just care that it’s the company’s status quo,” Money Morning Chief Financial Strategist Keith Fitz-Gerald said. “With Amazon, I’ll take anything but no big surprises – only if there’s a big surprise will I be concerned.”

Fitz-Gerald was keen to watch two areas in the company’s release today to hint at Amazon’s future profitability: Amazon’s shipping model, and its sales.

The post What to Do with Amazon.com’s (Nasdaq: AMZN) “No Big Surprises” Earnings Report appeared first on Money Morning – Only the News You Can Profit From.

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