Amazon a top pick at Bernstein ahead of eCommerce earnings
) as its top pick, citing the company's operational income inflection. Analysts emphasize the need for growth in the eCommerce sector, noting that while Amazon shows promise, other companies struggle to gain momentum.
Bernstein highlights Amazon's potential for incremental margin expansion, driven by cost cuts and typical operating leverage. However, they caution about recent concerns over freight costs and lower-margin sales during Prime Day potentially impacting margins. Bernstein also comments on other eCommerce players, noting eBay appears better positioned among SMID-Caps due to its starting point and buyback lever, although it faces a higher bar."While EBAY won't be immune to macro dynamics, the focus category effort and value/trade-down dynamic should leave it relatively better off," they explain.
Overall, Bernstein's analysis suggests cautious optimism for Amazon, with a belief in the company's potential to drive growth in the latter half of the year despite the broader sector's challenges.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
20 Amazon Blouses You’d Never Guess Are From AmazonBlouses can be the focal point of your outfit or a muted base to offset statement pieces. Either way, they’re the key to effortlessly chic styling. Get the look for under $100 with our top picks on Amazon.
Read more »
The 50 Best Prime Day Deals Exclusively for Amazon Prime MembersAmazon Prime Day 2024 is here, and there are tons of Amazon Prime member deals.
Read more »
The Best Amazon Prime Day 2024 Deals on Women’s Joggers: Save Big on Colorfulkoala and More BrandsJog on over to Amazon for these Amazon Prime Day 2024 deals on sweatpants.
Read more »
Early Amazon Prime Day deals on Bluetti portable power stations, under $200 at Amazon45% off on Bluetti Portable Power Station for an early Amazon Prime Day deal
Read more »
Amazon Prime Day early deals include five months of Amazon Music Unlimited for freeLawrence is a contributing reporter at Engadget, specializing in our AI overlords, musical doodads and, of course, garden variety gaming and tech. To that end, Lawrence once lost badly in multiplayer Mario to Nintendo’s own Shigeru Miyamoto, who laughed gleefully as he threw him down a pit.
Read more »
Closing arguments in Blaze Bernstein murder trial are underwaySam Woodward admitted to stabbing Bernstein multiple times in 2018, but has pleaded not guilty to murder with an enhancement for a hate crime.
Read more »