S&P Raises Amazon's Debt Rating

During my analysis of Maytag and Amazon's financial stability, I ran across this article on bloomberg.com. Amazon.com's investment rating was raised two levels due to the company's sales and profit last quarter. In the mix of the financial crisis, Amazon.com has been able to position itself positively and capture the "bargain shoppers" perusing the Internet for the best value they can find. Although stock performance hit a low of $35.72 per share in Nov., it has climbed to $63.23 as of Feb. 13. This increase can translate into the confidence investors see in Amazon.com's direction and current stability in a shaky economy.