Amazon's Big Hire

Amazon's Big Hire

The following video is from Monday's Investor Beat, in which host Chris Hill and analysts Andy Cross and Bill Barker dissect the hardest-hitting investing stories of the day.

One day before President Obama arrives at one of its facilities, announced it is hiring an additional 5,000-7,000 people to work in the retailer's warehouses and customer service centers. The move will increase Amazon's warehouse staffing by at least 25%. In our lead story on InvestorBeat, Bill and Andy examine what the news means for Amazon, the leadership of CEO Jeff Bezos, and why shares of Amazon still have room to run.

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Andy Cross and Bill Barker have no position in any stocks mentioned. Chris Hill owns shares of The Motley Fool recommends and owns shares of Try any of our Foolish newsletter services free for 30 days. 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.

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