4 Consumer Stock Stories for the Astute Investment Shopper
Amazon.com (NASDAQ:AMZN): Current price $258.87
Amazon is losing executives while it gains workforce, according to its 10-K filed last week. Back in 2011, the company had 12 members on its executive team, but presently, it has 9. There does not seem to be a deliberate push to get the persons to exit, but rather it seems a part of a typical turnover rhythm. However, during the past year, Amazon’s overall headcount jumped to 88,400 in 2012 from 56,200 in 2011, and the firm has gone into a number of new businesses over the past decade.