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Amazon Could Get a Huge Boost From Just One Day This Week

Just one day this week could give Amazon (AMZN) a major boost. On Tuesday, July 12, Amazon will host its second annual Prime Day, a major sales event.

This year Amazon is promising major deals on more expensive and desirable items such as TV sets and the year's hottest toys. Some critics are still remarking that the deals aren't as good as as Black Friday sales, and of course, customers must be subscribers to Amazon Prime to participate in Prime DAy. But analysts are still expecting the company to rake in huge profits.

Last year, Prime Day, which was...