Reported 2 days ago
Bank of America has named Amazon (AMZN) and Chewy as its top 'Buy' recommendations for large-cap e-commerce stocks. The bank emphasizes Amazon's potential for share growth, particularly supported by its expanding grocery business, advancements in robotics, and the leverage of its Prime user base to enhance its AI capabilities. While acknowledging Amazon's promise, the commentary suggests that some AI stocks may present better investment opportunities.
Source: YAHOO