Analyst Predicts a Successful Year Ahead for Amazon

Reported about 18 hours ago

Analyst John Blackledge from TD Cowen shares positive insights on Amazon's (AMZN) prospects following its fourth quarter earnings. He notes the company's significant investment in AI, exceeding expectations, and suggests that revenue growth could have been stronger without capacity constraints. Although the first quarter revenue forecast is slightly lower, Blackledge remains optimistic, stating that Amazon is poised for a strong year, making it his top pick as 2025 approaches.

Source: YAHOO

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