Amazon’s (AMZN) inventory has had a tough 12 months. Whereas the S&P 500 has gained as a lot as 24% and Microsoft (MSFT) has jumped 48%, Amazon’s inventory has risen simply 4%. However at the least one analyst believes the inventory is ready for a rebound within the second half of 2022.
“It is a firm that confronted numerous inflation and provide chain dangers within the again half of the final 12 months,” Evercore ISI’s Mark Mahaney instructed Yahoo Finance Dwell.
“I feel all of these might be absorbed into the enterprise mannequin or [comparisons] in opposition to, and that’s