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dow2664 Amazon.com Inc. remains a popular bet as products like the Kindle keeps interest in the company above average. AMZN touched a new 52 week high this week. Amazon is an online retailer which operates retail websites in North America and internationally. Shares of Amazon are up 31.2 percent this year so far. It was a positive week overall for stocks as the primary indices in the U.S. finished in the green last session. The positive action helped to push the Dow into the green overall for the year. Amazon.com Inc shares closed on the positive side of break-even by 4.47 percent to close out the last session at 246.71. Previous close for Amazon.com was 236.15. The day’s high, according to MSN Money Stock quotes, was 246.71. Sales so far register over 40 billion and income growth is noted at just under 28 percent. Not too bad for an online company that started off as just an online bookstore. The Kindle is a mega hit and is helping to keep Amazon.com on the relevancy map. Amazon must keep relevant to compete with Borders and Barnes and Noble. Amazon is winning this game in the current market environment. Amazon.com expects to see online sales rise in noteworthy fashion in the coming months. The holiday season is approaching and sales will be increasing. Consumers are already searching out the Black Friday sales ads. Online retailers are expecting this season’s sales to surpass last years sales. Stephen Johnson
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