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Los Angelas, CA -- (SBWIRE) -- 10/11/2012 -- Amazon.com, Inc. (NasdaqNM:AMZN) is -5.97 - -2.38% from the previous close of $250.96. It traded between $244.01 - 252.46 with total traded volume of 3950008 shares. Keep a close eye on AMZN, as the stock has been showing unusual moves over the past weeks. At Current market price, AMZN has recovered +46.73% from its 52-week Low of 166.97 and has Pulled back -7.24% from its 52-week high of 264.11. Amazon.com Inc. (NASDAQ:AMZN) has been perhaps the most successful online retail store around, and has seen impressive success with many of its services and products, not the least of which has been its line of Kindle e-readers and tablet computers. The latest report in this realm comes from Credit Suisse, which announced that it is initiating coverage of Amazon.com Inc. (NASDAQ:AMZN), its stock, its business model and infrastructure, joining the likes of other companies who have already given their input on the future of the stock.
Can AMZN Continue To Move Higher? FIND OUT HERE
Hewlett-Packard C (NYSE:HPQ) is very active today and traded between $14.02 - 14.40 with total traded volume of 38774212 shares. At a current price of 14.18, HPQ is -0.19 - -1.32% from the previous close of $14.37. Moreover, At Current Market Price, HPQ is in distance of -16.64% from its 50-day Moving Average price of $17.0097 and -30.31% from its 200-day Moving Average price of $20.3472. Hewlett-Packard (NYSE: HPQ) announced a far steeper-than-expected drop in 2013 profit, which sent the stock to a nine-year low. You may be asking yourself whether a company that was founded in 1939 and is expected to report more than $100 billion in revenue and nearly $7 billion in operating profits next year is worth buying at a price-to-earnings (P/E) ratio of 4. But that is probably a decision best left to value investors for now. As traders, there is a safer way to make money from Hewlett-Packard.
Has HPQ Found the Bottom? CHECK Here
Shares of Costco Wholesale (NasdaqNM:COST) are trading at $101.558 and is +1.64% from its 50-day Moving Average price of $99.9209 and +9.55% from its 200-day Moving Average price of $92.7079. The average trading volume is 1625400 shares and its market capitalization is $43.908B. Costco (NASDAQ: COST) announced its earnings results on Wednesday. The company reported $1.39 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.31 by $0.08. The company’s quarterly revenue was up 11.9% on a year-over-year basis. They now have an “outperform” rating on the stock. On the ratings front, analysts at Jefferies Group raised their price target on shares of Costco from $89.00 to $91.00 in a research note to investors on Friday, October 5th. They now have a “hold” rating on the stock. Costco Wholesale Corporation (Costco), with its subsidiaries operates membership warehouses that offer its members low prices on a limited selection of branded and selected private-label products in a range of merchandise categories.
How Should Investors React To COST Now? FIND OUT HERE
Wells Fargo & Com (NYSE:WFC) is +0.13 - +0.37% from the previous close of $35.10. It traded between $35.00 - 35.37 with total traded volume of 21229220 shares. Keep a close eye on WFC, as the stock has been showing unusual moves over the past weeks. At Current market price, WFC has recovered +51.92% from its 52-week Low of 23.19 and has Pulled back -3.74% from its 52-week high of 36.60. Wells Fargo & Company (NYSE:WFC): On October 4, Wells Fargo & Company (NYSE:WFC) announced the appointment of Jim Hays as Executive Vice President and Head of Wealth Brokerage Services. What's more, Wells Fargo's International Group, a unit of Wells Fargo, announced that Christopher Lewis has been appointed as Executive Vice President and Head of Global Trade Services.
Can WFC Extend Rally? CLICK HERE
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