Wednesday’s Stocks to Watch: Amazon, SuccessFactors

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InvestorPlace
Here are a few stocks to keep on your radar: Amazon.com (NASDAQ: AMZN ) shares rose 1.5% after the company beat Wall Street’s revenue estimates but missed first-quarter profit expectations as it spends to ramp up distribution center build-out and marketing of its Prime service. SuccessFactors (NASDAQ: SFSF ) tumbled 7.5% despite the company beating first-quarter profit and revenue estimates and forecasting second-quarter revenue above current expectations. BMO Capital noted on Wednesday, however, that billings and cash flow were perhaps a little light for some investors’ tastes. Broadcom (NASDAQ: BRCM ) shares shed nearly 11% after its first-quarter earnings report late Tuesday that included a projection that second-quarter revenue would be below Wall Street’s estimates. Savvis (NASDAQ: SVVS ) rose 8.2% after news that the company would be acquired by CenturyLink (NYSE: CTL ) in a cash-and-stock deal worth about $2.5 billion. Buffalo Wild Wings (NASDAQ: BWLD ) slipped 1.4% despite beating analysts’ first-quarter profit and revenue expectations.