Amazon: Here’s What To Buy This Holiday Season

Summary:

• We see a buying opportunity for Amazon.com, Inc. stock this holiday season.
• We expect Amazon to capture a wider part of the online shopping demand this holiday, with data proving holiday sales are already up 4% this year versus 2% last year.
• Management’s execution on optimization and cost controls with higher capex spend and operating margins will continue to push ad and AWS growth into next year.

We’re updating our thoughts on Amazon.com, Inc. (NASDAQ:AMZN) stock heading into the last month of the year as we see a buying opportunity; the stock is up something like 37% YTD versus the S&P

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