Amazon Stock's Recent Pullback Offers 'Unique Opportunity': Analyst

Amazon.com, Inc. (NASDAQ:AMZN) shares are down 9% over the last month, but WestPark Capital analyst Curtis Shauger sees a buying opportunity in the stock's recent pullback. 

Expert Ideas: Shauger initiated coverage on Amazon stock with a Buy rating and $280 price target based on the company's dominance in e-commerce and Amazon Web Services' top position in the "infrastructure as a service" market. 

The firm estimates Amazon's general merchandise value to be nearly $1.3 trillion in 2024, nearly four times the size of Shopify's and 13 times the size of Walmart's GMV. 

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https://www.benzinga.com/25/04/44591414/amazon-stocks-recent-pullback-offers-unique-opportunity-analyst