Amazon is ‘hunting three big whales in its retail business’: analyst
Amazon’s (AMZN) stock has had a rough 12 months. While the S&P 500 has gained as much as 24% and Microsoft (MSFT) has jumped 48%, Amazon’s stock has risen just 4%. But at least one analyst believes the stock is set for a rebound in the second half of 2022.
“This is a company that faced a lot of inflation and supply chain risks in the back half of the last year,” Evercore ISI’s Mark Mahaney told Yahoo Finance Live.
“I think all of those will be absorbed into the business model or…