From Nasdaq:

In the most recent trading session, Amazon (AMZN) closed at $149.94, down 1.32% from the previous day. The stock lagged behind the S&P 500’s 0.57% drop. However, over the past month, Amazon shares gained 4.9%, outperforming the S&P 500.

Amazon is expected to report earnings of $0.79 per share, with a consensus estimate of $166.12 billion in net sales. Recent analyst adjustments mirror positive short-term business patterns.

The Zacks Rank system currently rates Amazon as a #2 (Buy). Additionally, the stock holds a Forward P/E ratio of 42.15, signaling a premium compared to the average Forward P/E of 19.97 for its industry. The PEG ratio currently stands at 1.48, also above the industry average.

The Internet-Commerce industry, part of the Retail-Wholesale sector, currently boasts a Zacks Industry Rank of 75, placing it in the top 30% of all industries. Top-rated industries tend to outperform the bottom half by a factor of 2 to 1.

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