Amazon Remains 'Best Idea' In E-Commerce This Holiday Season, JPMorgan Analyst Says
Amazon(AMZN) Benzinga·2024-11-21 08:20
JPMorgan analyst Doug Anmuth sees strong online sales growth this holiday season and points to Amazon.com Inc. AMZN as the firm's "Best Idea" for capturing the momentum. Here's a look at what Anmuth expects from the e-commerce giant during the 2024 holiday shopping season. Expert Ideas: Anmuth expects "solid" online holiday sales growth of 7.5% year-over-year, slightly below the nine percent sales growth achieved last year. The JPMorgan analyst noted consumers are still dealing with elevated inflation and h ...