Wall Street Sees Upside in Amazon (AMZN) Amid Grocery Push and Global Expansion

Group 1 - Amazon.com Inc. is recognized as one of the best ESG stocks to buy, with multiple analysts reaffirming Buy ratings and setting price targets ranging from $265 to $306 [1][2][3] - The company's expansion into the $600 billion U.S. fresh and perishable grocery market is seen as a significant growth catalyst, potentially accelerating U.S. Gross Merchandise Volume growth [2][3] - Amazon's logistics and fulfillment network is a strong asset for scaling delivery services efficiently, contributing to higher-margin grocery baskets and overall profitability [3] Group 2 - Amazon announced the acquisition of a stake in Colombian delivery company Rappi Inc., allowing it to acquire up to 12% based on specific milestones, enhancing its competitive position in the Latin American quick commerce market [4] - The company operates across various sectors including e-commerce, digital content, advertising, and cloud computing, with Amazon Web Services being one of the largest data centers and cloud networks globally [5]