Amazon (AMZN) Upgraded to Strong Buy: Here's Why
Amazon(AMZN) ZACKS·2025-01-09 02:00
Investors might want to bet on Amazon (AMZN) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a ch ...