Oppenheimer Has Notes On Amazon (AMZN)

Oppenheimer & Co. has some thoughts on Amazon.com AMZN. In a research report sent to clients, Oppenheimer writes, "Amazon well positioned to benefit from growth in Cloud Computing, and has not been a focus of Wall Street. Currently, example of clients are Netflix, NASA, financial services and large corporations. We believe this will become increasingly important to the AMZN story over the next two years, and very few people have focused on this." Shares of AMZN gained 57 cents yesterday to close at $158.35.