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Millennials are loading up on Amazon ahead of earnings (AMZN)





Millennial

  • Millennials are extremely bullish on shares of Amazon ahead of its earnings report Thursday afternoon.
  • Users on trading apps Robinhood and Stockpile are buying up shares quicker than their older peers.


Amazon
is scheduled to report fourth quarter earnings after the closing bell Thursday.

Wall Street expects the e-commerce giant to post adjusted earnings of $1.83 per share on revenues of $59.836 billion for the holiday quarter.

Wall Street analysts have a bearish target of $1,403 for the stock — 2% below the $1,439 price where shares were trading Thursday morning — but millennial retail investors are much more bullish, data read more >>>

Source:: BusinessInsider.Com

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