Amazon Is Rising While the Market Falls—Here’s Why
Amazon logo with shipping boxes and logistics icons in digital globe. Key Points Amazon shares have climbed as much as 12% since mid-February, even as the S&P 500 has fallen as much as 5%. There are several reasons to think this could be the start of a shift in sentiment, including recent analyst updates that call for as much as 35% of potential upside. Backing up this argument are Amazon’s technical indicators, which point to improving momentum as the stock rebounds from oversold conditions. Interes ...