Analyst Says Wall Street’s CapEx Expectations For Amazon(AMZN) ‘Unbelievable’
We recently published Trending Analyst Calls: 10 Stocks to Buy and Sell. Amazon.com, Inc. (NASDAQ:AMZN) is one of the trending analyst calls. Doug Clinton from Deepwater Asset Management said in a recent program on CNBC that he believes Amazon’s CapEX will continue rising. The analyst believes CapEx expectations from Alphabet and Amazon are too low. “You look at the street numbers for capex for those two. Scott Google, it’s about 12% expected growth for next year’s capex. Amazon’s even lower. It’s high s ...