Chart of the Day - Amazon.Com (AMZN)

The "Chart of the Day" is Amazon.Com (AMZN), which showed up on Thursday's Barchart "All-Time High" list. Amazon on Thursday posted a new all-time high of $262.00 and closed +1.80%. TrendSpotter has been long since July 19 at $226.17. In recent news on the stock, Digitimes on Sep reported that Amazon is unable to keep up with shipments for Kindle due to strong demand. Barclays on Sep 11 reiterated its Equal Weight rating on Amazon but raised its target to $245 from $220. BofA/Merrill on Sep 7 reiterated its Buy rating on Amazon and raised its target to $281 from $264. Amazon.com, with a market cap of $115 billion, is the world's largest online retailer of a side variety of products.