Market Movers summarized the latest reactions Amazon from investors and analysts.
It’s set to be a busy week of Big Tech results Nasdaq Composite lost more than 3% for the week. The pros discussed Amazon after JPMorgan said the e-commerce giant remains its “top pick on the internet.” The company rates Amazon overweight.
Shares of the tech giant lost 3.5% for the week and closed Friday’s trading session down 2.5%.
Amazon reports earnings next Thursday after the market closes and is held in the portfolio of Jim Cramer’s Charitable Trust.