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Amazon (AMZN) Is a Strong Buy
Leading off the heroes list is Amazon.com (AMZN). Don’t be fooled into thinking that Amazon is only
about books. Nowadays they sell just about everything that can be sold. The company has been a big help to budget-conscious consumers who have been
squeezed by the recession.The online bookseller recently reported Q2 earnings of 32 cents per share, which was a penny ahead of expectations. The shares are up an amazing
62% so far this year, and that’s coming off a weak holiday season at the beginning of the year, so I expect a strong finish to 2009.I rate Amazon an A, or strong buy.
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Article printed from InvestorPlace Media, http://www.investorplace.com/2009/08/nasdaq-stocks-to-buy-and-sell/.
©2012 InvestorPlace Media, LLC
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