The Traderszone Network

Published in TZ Latest News 22 December, 2015 by The TZ Newswire Staff

Amazon Doubled In 2015 As Profit, Sales Rebounded

Amazon.com (AMZN) was a top stock of 2015, gaining as much as 121% as sales and profits rebounded. But you probably wouldn’t have believed it the way the year started for the e-commerce giant. On Jan. 1, Amazon had a dismal Composite Rating of 16, meaning that it trailed 84% of stocks tracked by IBD on a wide range of fundamental criteria. Its Earnings Per Share Rating was just 2.

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