Guggenheim Initiates A Bullish Rating On Amazon.com, Inc. (AMZN)
AmazonAmazon(US:AMZN) Yahoo Finance·2025-12-15 13:43

Group 1: Company Performance and Ratings - Amazon.com, Inc. is recognized as one of the 12 Best Performing Dow Stocks in 2025 [1] - Guggenheim initiated coverage on Amazon with a bullish rating and a price target of $300, highlighting positive momentum from the holiday season despite the retail industry's challenges [2] Group 2: Investment Plans and Growth Strategy - Amazon plans to invest over $35 billion in India by 2030 to expand its business, enhance AI capabilities, and increase exports, aiming to create 1 million new jobs and raise seller exports from $20 billion to $80 billion [3] - Since 2010, Amazon has invested $40 billion in India, including $26 billion in 2023, aligning its investments with India's national priorities [3] Group 3: Competitive Landscape - Amazon's growth reflects a broader trend of American tech companies investing significantly in India, with Microsoft and Google committing $17.5 billion and $15 billion, respectively, to AI and cloud infrastructure [4] - Amazon faces competition in the Indian market from Reliance Industries and Walmart-backed Flipkart [4]