Tech Stocks This Week: Amazon.com Inc.'s New Products, Roku's Hot IPO, and More
It was a busy week in tech. The biggest news was likely Amazon's (NASDAQ: AMZN) substantial expansion to its lineup of smart-assistant Echo devices. In addition, Facebook (NASDAQ: FB) said its Instagram video- and photo-sharing service hit another key milestone on its path to 1 billion users, and Roku (NASDAQ: ROKU) and Blackberry (NASDAQ: BBRY) saw their stocks surge higher.
Here's what you need to know.
Amazon clearly isn't interested in giving up its early lead in the smart-speaker market. The e-commerce giant hosted a surprise event on Wednesday where it unveiled new echo devices and an updated Fire TV set-top box.
Source: Fool.com
Amazon.com Inc. Stock
With 146 Buy predictions and not a single Sell prediction Amazon.com Inc. is an absolute favorite of our community.
With a target price of 186 € there is a slightly positive potential of 12.85% for Amazon.com Inc. compared to the current price of 164.82 €.