Description: The only thing cooler than a 3D phone? A drone delivering it to you. Amazon stock enjoyed a nice pop after announcing (via YouTube) that it will unveil a new product — likely a 3D phone — on June 18.

Source: CNNMoney.com – video report

Date: June 06, 2014

Link: http://money.cnn.com/video/investing/2014/06/06/investing-the-buzz-amazon-3d-smartphone-drone-delivery.cnnmoney/index.html

Questions for Discussions:

• Summarize the reasons provided in this report for Amazon stock price moves.
• Do you think Amazon stock is over-valued?