Analysts Just Flagged a $4 Billion Opportunity for Amazon. Should You Buy AMZN Stock Here?
Analysts at the leading financial services firm, Morgan Stanley, sounded bullish about e-commerce giant Amazon's (AMZN) expansion of robotics to fulfill its orders. The firm forecasts annual savings of about 4 billion for Amazon as it highlighted the company's plans to have about 40 next-generation robotics warehouses by 2027. The firm also lauded the company's efforts in AI by stating that investors are “under-appreciating AMZN’s GenAI advances in its Retail business, with robotics-driven efficiencie ...