Following a "prolonged post-Cyber Monday lull," U.S. holiday season e-commerce sales are only up 13% Y/Y, says comScore - that's below a prior forecast of 17%, in spite of 28% Black Friday growth. Recent ChannelAdvisor data also points to a slowdown for Amazon (AMZN), eBay (EBAY), and others. The numbers come as RBC lifts its PT on Amazon to $300 on a belief (similar to Bernstein's) the company's fulfillment spending binge is ending, and that 2013 free cash flow could amount to $13.44/share. (previous)
Following a "prolonged post-Cyber Monday lull," U.S. holiday season e-commerce sales are only up...
From other sites
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs