Bank of America resets Amazon stock forecast

Amazon (AMZN) has gained about 6% over the past five days, at the time of writing, Thursday afternoon, Jan. 8. Meanwhile, SPY is up less than half a percent in the same period. Starting the year by beating the S&P 500 might be a good omen for Amazon. The company concluded the last year with several notable announcements at the AWS re:Invent conference in December, the most significant being the Trainium 3 chips. Readers who need a reminder about key announcements and how analysts reacted can read my previ ...