Analyst Explains Why Amazon.com (AMZN) is a ‘Tactical Winner’
We recently published 10 Buzzing AI Stocks to Watch in September. Amazon.com, Inc. (NASDAQ:AMZN) is one of the stocks to watch in September. Ken Gawrelski, Wells Fargo senior internet analyst, said in a recent program on CNBC that the consumer has been extremely resilient, and a possible rate cut from the Fed could further benefit consumer companies. In this context, the analyst believes Amazon.com, Inc. (NASDAQ:AMZN) is among the “tactical” winners. “Another name that we’ve been maybe less positive but ...