Social Data Is Through The Roof At Amazon
Amazon.com, Inc. (NASDAQ: AMZN) is known for dominance through razor-thin margins, and exceptional service delivered through technology.
From the looks of social data, it seems Amazon's customers are liking what they see from the company… and using it more often:
We always like seeing the combination of increased social volume along with higher social sentiment. It's something we have correlated with growing revenues and higher stock prices on a 3-6 month timeframe.
It's the same type of data that led us to put out this note on Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) with the stock in the 590′s… as well as leading us to the conclusion that Wal-Mart Stores, Inc. (NYSE: WMT) is going through a very real brand resurgence.
From the looks of things on main street, we believe Amazon shareholders on Main Street should be very happy indeed.
– LikeFolio searches all of Twitter for important shifts in consumer behavior around the brands owned by publicly-traded companies.
The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.
Posted-In: Andy Swan LikeFolioLong Ideas Trading Ideas Best of Benzinga