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Barchart
Barchart
Aditya Raghunath

Barclays is Still Betting Big on Amazon Stock: AMZN Will 'Continue to Outperform'

Amazon Barclays Amazon.com Inc. AWS Andy Jassy United States

Wall Street has plenty of opinions on Amazon (AMZN). Some see massive upside, while others worry about the company's enormous spending plans. Barclays is planting its flag firmly in the bull camp — and it's backing that call with some very compelling numbers.

Barclays believes AMZN stock is positioned to outperform other mega-cap tech stocks, pointing to a wave of new disclosures from Amazon's shareholder letter. Barclays argues these disclosures make the case for Amazon Web Services (AWS) even stronger than before.

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