The 1 Company Dominating Cyber Monday

By Mark Reeth, Michael Finarelli, and Sean O'Reilly – Dec 3, 2013 at 5:15PM

NASDAQ: AMZN

Amazon

Market Cap

$1,836B

Today's Change

(-1.64%) -$2.95

Current Price

$176.59

Price as of April 24, 2024, 4:00 p.m. ET

Step aside, Black Friday -- Cyber Monday is bigger and better than ever.

On today's Consumer Countdown, analysts Michael Finarelli and Sean O'Reilly join host Mark Reeth to discuss all the big stories in the consumer goods sector from the past few days. Of course, one of the biggest stories is Black Friday and its importance for U.S. retailers, but investors definitely shouldn't forget about it's online cousin, Cyber Monday.

According to USA Today, Cyber Monday sales have risen between 16% and 21% year over year. That's great news for e-commerce giant Amazon.com (AMZN -1.64%), but what does it mean for other retailers? Will this be the holiday season that sends Amazon into profitable territory? Plus, will drones really be dropping your gifts on you in the next few years? Find out in the video below!

Mark Reeth has no position in any stocks mentioned. Michael Finarelli has no position in any stocks mentioned. Sean O'Reilly has no position in any stocks mentioned. The Motley Fool recommends Amazon.com. The Motley Fool owns shares of Amazon.com. We Fools may not 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.