Amazon.com (NASDAQ:AMZN) has unveiled a $99 video streaming device called Fire TV. Despite a number of strong competitors that already have a significant presence in this space, with the video streaming device market growing at the pace it is, Amazon could definitely see some traction from this move.
In this segment from Wednesday's Investor Beat, host Chris Hill and Motley Fool analyst Jason Moser look at the latest offering from Amazon and whether it can move the needle for the company. Jason also discusses one area where he would really like to see more transparency from the company.
Chris Hill and Jason Moser own shares of Amazon.com. The Motley Fool recommends Amazon.com, Apple, Google A Shares, and Netflix and owns shares of Amazon.com, Apple, Google, Google A Shares, and Netflix. Try any of our Foolish newsletter services free for 30 days. We Fools don' all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.