Amazon (AMZN +3.8%) surged to new highs ahead of Tuesday's Q4 report: shares are now up 27% from...
Amazon (AMZN +3.8%) surged to new highs ahead of Tuesday's Q4 report: shares are now up 27% from where they stood going into the Q3 report. Solid numbers from eBay, Google, and Overstock have heightened expectations, and so have reports of a decent holiday season. Investors could feel let down if Amazon further delays profit growth for the sake of long-term investments: the Street is now expecting a 65% increase in operating cash flow in 2013 to $10.68/share (per Bloomberg).
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