Last night I pointed out that the poster stock of 2009 bull,BIDU, might be in for a rally. So I looked around, there are quite a few 2009 stalwarts that are coming back from dead e.g GS. Latest to join the band wagon might be AMZN.
Even though the revenue continued to grow at brisk pace, AMZN was hit by margin contraction in last quarter of 2011. The company has raised its capital expenditure – it is adding Distribution centers and is working on a gaint head quarter in downtown Seattle.