Once again, Baird analyst Colin Sebastian is singing Amazon’s (AMZN) praises.Extra emphasis on the again here. The coronavirus has wreaked havoc on all aspects of daily life but what it has also inadvertently done, is provide Amazon with a monster surge in demand that shows no signs of slowing down. With the $1 trillion market cap milestone in the rear-view mirror, the Street has been playing catch up all year with Amazon.Amazon’s continued rise comes down to the simple fact that it is exponentially growing in all directions. This point is not lost on Sebastian, who thinks Wall Street is …read more
Source:: Yahoo Finance
