Here’s our Pick of the Month

Article Excerpt

AMAZON.COM $74.71 (Nasdaq symbol AMZN; SI Rating: Extra Risk) (206-266-1000; www.amazon.com; Shares outstanding: 428.6 million; Market cap: $32.0 billion) is a pioneer in online book retailing, with 4.7 million titles, as well as DVDs and music. Other products, ranging from electronics and computer games to toys, make up 42% of sales. Amazon Web Services lets online sellers market on its web sites. In the three months ended December 31, 2008, Amazon’s revenue rose 18.2%, to $6.7 billion from $5.7 billion a year earlier. Electronics sales were particularly strong, gaining 46%, to over $1.7 billion. North American sales make up 54% of total revenue, and rose 18%. International sales, which account for the remaining 46%, rose 19%. Earnings rose 8.7%, to $225 million, or $0.52 a share, from $207 million, or $0.50. Amazon holds cash of $3.7 billion, or $8.64 a share. The Kindle electronic book reader continues to be a strong seller for Amazon. The company recently released the Kindle 2. It’s…