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'The best-positioned mega-cap tech company': What Wall Street is saying after Amazon's earnings

Akin OyedeleJul 29, 2016, 19:59 IST

Owner Jeff Bezos delivers remarks at grand opening of Washington Post newsroom in WashingtonThomson Reuters

It's hard to find many analysts who are bearish on Amazon right now.

The company reported a third straight quarter of record profit on Thursday, and a 31% jump in revenue year-over-year, to $29.6 billion.

Amazon Web Services, the cloud-computing platform, continued to be its fastest-growing and most profitable business, growing revenue by 58%, to $2.88 billion.

Traders barely moved Amazon's stock after the earnings release. But many of the analysts who cover the company seemed more enthusiastic.

Here's a roundup of some of the commentary: