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Stocks That May Start To Look Like Amazon

AmazonBy now, you’ve probably heard about Amazon and the not so great week they have had. When the company announced a nearly 600 million dollar loss in the third quarter, naturally, their stock took a hit. Today’s article warns you of four other stocks that may be following Amazon’s path. Here’s what they had to say about Amazon, “the company’s large loss sprang from inventory write-downs for the Fire Phone, which was introduced in June by CEO Jeff Bezos. The phone hasn’t impressed consumers, who apparently have decided that their Apple AAPL, -0.29% iPhones and other Google GOOG, -0.20% Android phones already make it easy enough to spend money through Amazon.” To read more, CLICK HERE.