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Benzinga
Benzinga
Business
Anusuya Lahiri

Amazon Is This Analyst's 'Best Idea' As E-Commerce Market Share Nears 50%

Amazon Doug Anmuth e-commerce United States
Amazon

JPMorgan analyst Doug Anmuth reaffirmed Amazon.com (NASDAQ:AMZN) as his “Best Idea” in the U.S. e-commerce sector.

Following an analysis of second-quarter Department of Commerce data, Anmuth highlighted the company’s significant market share gains and strong delivery execution.

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