We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Amazon (AMZN) Green Lights Lorena to Prime Original Content
Read MoreHide Full Article
Amazon.com Inc.’s (AMZN - Free Report) film production division, Amazon Studios, has green lit a documentary series, Lorena.
Though the timing for the production of the series is yet to be known, Prime members will be able to watch the series via Amazon Video app on TVsand connected devices like mobile, Fire TV, and online at Amazon.com/originals, at no additional cost to their membership.
The series will be available in more than 200 countries and territories.
However, Amazon has outperformed the industry it belongs to on a 12-month basis. The company’s shares have gained 61.2% compared with the industry’s growth of 44.8%.
More About the Series
Lorena is executive produced by Jordan Peele, produced by Monkeypaw and Sonar Entertainment, and directed by acclaimed documentary filmmaker Joshua Rofe.
Lorena is a documentary series that consists of four parts. The new series is based on the sensational story of Lorena Bobbitt. The story re-investigates the issues of sexism and domestic abuse, and provides a fresh outlook on the story of Lorena Bobbitt.
Heather Schuster, head of Unscripted, Amazon Originals, said, “Lorena reframes Lorena Bobbitt’s story around issues of sexism and domestic abuse and offers Prime members an exclusive new view into how America got her story wrong and maybe continues to get it wrong”.
Our Take
Amazon’s increasing original program series offerings are expected to help it diversify online content and make a mark for itself. The company is making all efforts to boost its digital media sales and attract new viewers, by adding varied series and movies to its content lineup, and making Prime Video more attractive.
We believe that these initiatives will be incrementally beneficial to the company, helping it to add Prime subscribers and retain older ones in the United States as well as in the international market, going forward.
Moreover, these will help the company withstand stiff competition from other service providers such as Netflix, Inc., HBO, Hulu and Comcast.
Amazon has a Zacks Rank #1 (Strong Buy). Other top-ranked stocks in the technology sector are Stamps.com Inc. , PetMed Express (PETS - Free Report) and Alibaba Group Holding Limited (BABA - Free Report) . While Stamps.com sports a Zacks Rank #1, PetMed and Alibaba carry a Zacks Rank #2 (Buy). You can seethe complete list of today’s Zacks #1 Rank stocks here.
Long-term earnings per share growth rate for Stamps.com, PetMed and Alibaba is projected to be 15%, 10% and 30.3%, respectively.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
Image: Bigstock
Amazon (AMZN) Green Lights Lorena to Prime Original Content
Amazon.com Inc.’s (AMZN - Free Report) film production division, Amazon Studios, has green lit a documentary series, Lorena.
Though the timing for the production of the series is yet to be known, Prime members will be able to watch the series via Amazon Video app on TVsand connected devices like mobile, Fire TV, and online at Amazon.com/originals, at no additional cost to their membership.
The series will be available in more than 200 countries and territories.
However, Amazon has outperformed the industry it belongs to on a 12-month basis. The company’s shares have gained 61.2% compared with the industry’s growth of 44.8%.
More About the Series
Lorena is executive produced by Jordan Peele, produced by Monkeypaw and Sonar Entertainment, and directed by acclaimed documentary filmmaker Joshua Rofe.
Lorena is a documentary series that consists of four parts. The new series is based on the sensational story of Lorena Bobbitt. The story re-investigates the issues of sexism and domestic abuse, and provides a fresh outlook on the story of Lorena Bobbitt.
Heather Schuster, head of Unscripted, Amazon Originals, said, “Lorena reframes Lorena Bobbitt’s story around issues of sexism and domestic abuse and offers Prime members an exclusive new view into how America got her story wrong and maybe continues to get it wrong”.
Our Take
Amazon’s increasing original program series offerings are expected to help it diversify online content and make a mark for itself. The company is making all efforts to boost its digital media sales and attract new viewers, by adding varied series and movies to its content lineup, and making Prime Video more attractive.
We believe that these initiatives will be incrementally beneficial to the company, helping it to add Prime subscribers and retain older ones in the United States as well as in the international market, going forward.
Moreover, these will help the company withstand stiff competition from other service providers such as Netflix, Inc., HBO, Hulu and Comcast.
Amazon.com, Inc. Price and Consensus
Amazon.com, Inc. Price and Consensus | Amazon.com, Inc. Quote
Zacks Rank &Other Stocks to Consider
Amazon has a Zacks Rank #1 (Strong Buy). Other top-ranked stocks in the technology sector are Stamps.com Inc. , PetMed Express (PETS - Free Report) and Alibaba Group Holding Limited (BABA - Free Report) . While Stamps.com sports a Zacks Rank #1, PetMed and Alibaba carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Long-term earnings per share growth rate for Stamps.com, PetMed and Alibaba is projected to be 15%, 10% and 30.3%, respectively.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>