Tomahawk, WI 10/20/2014 (Basicsmedia) – Amazon.com, Inc. (NASDAQ:AMZN) has been a massive underperformer for the better part of the year according to CNBC’s Dan Nathan with the trend expected to continue heading into its third quarter earnings. The stock is already down by 24% for the year as profit margins continue to shrink.

Amazon is joined by the likes of Google, eBay Inc. (NASDAQ:EBAY) and Priceline Group Inc. (NASDAQ:PCLN) as some of the giant online stocks that have performed poorly in 2014.

“Amazon schedule to report their Q3 earnings, we don’t expect any earnings never do we expect any earnings in Amazon,” said Mr. Nathan.

Amazon.com, Inc. (NASDAQ:AMZN)’s $90 billion in sales for the year is to be offset by an increase in operating margins that over the years has been a major concern for many investors. Operating margins have shrunk in the recent years as the company continues to invest heavily on other growth areas.

Mounting pressure in terms of competition from Google Inc. (NASDAQ:GOOG) especially in the same day delivery market has been another major headwind for the giant online company. Earnings misses in the past quarters have made many investors lose hope of the company’s ability to generate enough cash going forward.

Amazon.com, Inc. (NASDAQ:AMZN) is a member of the NASDAQ 100 which has had a pretty bad run over the past few weeks currently sitting at precarious support level according to Mr. Nathan. The effects according to the analyst is that the stock could move either way depending on the news that come out of the earnings.

CNBC’s Michael Khouw is also remaining bearish on Amazon.com, Inc. (NASDAQ:AMZN) heading into the close of the year.

“I am going to maintain a bearish bet on this because really, this is one of those stocks where it was a hold it and hope story, and it doesn’t seem like people are holding much hope. It also isn’t great to own stocks that firm managers aren’t going to be proud to have on their sheets as the year comes to a close,” said Mr. Khouw.

DISCLAIMER: This content is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.