Ama­zon Com­ing on Top Re­ports Mor­gan Stan­ley

Perfect Sourcing - - Inside -

Shares of e-com­merce and cloud com­put­ing gi­ant Ama­zon.com Inc. have gained nearly 8% in the most re­cent five-day pe­riod. The bulls were again given some­thing to cel­e­brate as the Seat­tle-based com­pany’s CEO and founder Jeff Be­zos an­nounced in his an­nual share­holder let­ter that Ama­zon’s monthly Prime sub­scrip­tion base had ex­ceeded 100 mil­lion. The bur­geon­ing growth of Prime is seen as pro­pel­ling the com­pany ahead in var­i­ous busi­ness seg­ments, and one team of an­a­lysts on the Street now thinks it will al­low the on­line re­tailer to be­come the leader in the U.S. ap­parel mar­ket this year

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