The Rise of E-Commerce and Cloud Services Positions Amazon (AMZN) for the Win

The alarming surge of new coronavirus cases could mean the market is on track for another extended period of volatility and uncertainty, making it very difficult to predict when any sense of normality will resume.Yet, if any company has shown how to catch the curveball thrown by COVID-19, it is e-commerce giant Amazon (AMZN).Monness’ Brian White — Amazon’s biggest bull on Wall Street — believes the company provides “key capabilities, vast global infrastructure and financial strength necessary to support the needs of people and organizations around the world, while also positioning the company as a major beneficiary of accelerated digital …read more

Source:: Yahoo Finance

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