On today’s episode of Shopping for Stocks, Editor Maddy Johnson takes a look at Amazon’s (AMZN - Free Report) latest encroaching step in the retail industry: the Echo Look.
On the heels of the e-commerce giant’s strong first-quarter performance, where both its top and bottom line soared past estimates, Amazon unveiled a new Alexa-powered smart-home camera that acts as your personal style assistant.
The Echo Look can take photos and videos of you in your favorite outfit, allowing you to see the good, the bad, and the ugly. These photos can then be compiled into a sort of lookbook on Amazon’s app so you can easily flip through them on a screen.
Equipped with a feature dubbed “Style Check,” Echo Look uses advanced machine learning algorithms and advice from fashion specialists to help you pick between different outfits.
While Amazon will likely use the device to boost its in-house fashion brands, the Echo Look is a way to help sway those on-the-fence consumers who still don’t envision the company as a fashion destination.
As a reminder, if you feel that something was missed, or if you want a different topic covered, send an email to podcast@zacks.com. Make sure to check out all of our other audio content at zacks.com/podcast, and remember to subscribe and leave a rating on iTunes.
Thanks for listening to this week’s episode of Shopping for Stocks!
The Best & Worst of Zacks
Today you are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buys" free of charge. From 1988 through 2015 this list has averaged a stellar gain of +25% per year. Plus, you may download 220 Zacks Rank #5 "Strong Sells." Even though this list holds many stocks that seem to be solid, it has historically performed 6X worse than the market. See these critical buys and sells free >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
On today’s episode of Shopping for Stocks, Editor Maddy Johnson takes a look at Amazon’s (AMZN - Free Report) latest encroaching step in the retail industry: the Echo Look.
On the heels of the e-commerce giant’s strong first-quarter performance, where both its top and bottom line soared past estimates, Amazon unveiled a new Alexa-powered smart-home camera that acts as your personal style assistant.
The Echo Look can take photos and videos of you in your favorite outfit, allowing you to see the good, the bad, and the ugly. These photos can then be compiled into a sort of lookbook on Amazon’s app so you can easily flip through them on a screen.
Equipped with a feature dubbed “Style Check,” Echo Look uses advanced machine learning algorithms and advice from fashion specialists to help you pick between different outfits.
While Amazon will likely use the device to boost its in-house fashion brands, the Echo Look is a way to help sway those on-the-fence consumers who still don’t envision the company as a fashion destination.
As a reminder, if you feel that something was missed, or if you want a different topic covered, send an email to podcast@zacks.com. Make sure to check out all of our other audio content at zacks.com/podcast, and remember to subscribe and leave a rating on iTunes.
Thanks for listening to this week’s episode of Shopping for Stocks!
The Best & Worst of Zacks
Today you are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buys" free of charge. From 1988 through 2015 this list has averaged a stellar gain of +25% per year. Plus, you may download 220 Zacks Rank #5 "Strong Sells." Even though this list holds many stocks that seem to be solid, it has historically performed 6X worse than the market. See these critical buys and sells free >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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