Generally wall street is not known to pick their winners.Wall street does not reason a spectacular quarter, or even an excellent 3 quarters.. The stock markets hates "suprises " and for that reason not many brands that might have once upon a time, media's poster boy.failed to to satisfy wall street
However !It now seems that wall street has decided and finally given it a thumbs up to the online retail industry and specially Amazon. The company dominated Black Friday sales in the United States and is all but certain to be the number 1 source for last minute presents for many million people around the world. Amazon’s stock price more than doubled this year, bringing the company’s market cap to more than $300 billion.
In contrast Wall street has given the brick and mortar retailers like Best Buy and Walmart a pass, and almost all of them has seen their stocks massacred and crumble in 2015 as they struggle to break Amazon’s dominance in the online world.
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