AMAZON.COM $423.86 (Nasdaq symbol AMZN; TSINetwork Rating: Extra Risk)(206-266-1000; www.amazon.com; Shares outstanding: 465.7 million; Market cap: $196.4 billion; No dividends paid) continues to expand its Amazon Prime service.
Amazon recently formed an alliance with JetBlue that will let Prime members stream movies and TV shows through the airline’s in-plane Wi-Fi system to their mobile devices at no extra cost. They can also listen to over one million songs. Non-members can also access the service for a small fee.
The company launched Prime in 2005. For $99 a year, members get two-day shipping on all of their purchases. U.S. members also get three additional free services: streaming from Amazon Instant Video, streaming from Prime Music and cloud photo storage with Prime Photos.
Amazon is still a hold.