Amazon is among JPMorgan’s best ideas for 2019 — here’s its big bull case (AMZN)
|01/10/2019||Posted by BusinessMediaguide.Com under General World News||
- Amazon is among JPMorgan’s best investment ideas for 2019, mostly due to its diversified revenue and profit sources.
- The firm explained its bull case in a detailed report distributed Wednesday.
- The stock rose 28% in 2018, handily outperforming the broader market during what turned out to be a brutal year for most assets. Still, it has fallen 19% from its all-time high of $2,050.50 in October.
- Watch Amazon trade live.
Amazon is among JPMorgan’s best investment ideas for the coming year, and the bank’s analysts detailed their bull case in new report distributed Wednesday.
“AMZN is well positioned with the most read more >>>