Amazon, IBD Stock Of The Day, Delivers Early Entry As Grocery Move Hits Rivals

Published 2 months ago Positive
Amazon, IBD Stock Of The Day, Delivers Early Entry As Grocery Move Hits Rivals
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AMZ.HM Amazon.com Inc AMZN.BA Amazon.com Inc. AMZN.SN Amazon.com Inc WMT.BE Walmart Inc
Amazon is the IBD Stock of the Day for Thursday. Amazon's stock is continuing to rebound from key support on news, flashing an aggressive entry for the tech titan on a day when hot inflation data is weighing on major stock indexes. The gains for Amazon stock come as Wall Street analysts are offering mostly positive takes on the company's grocery expansion plans.

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