With just eight trading days left to go in the year, it's tough to get
markets excited about much right now, whereas a year ago they were pretty
volatile.
UBS has come up with a list of 20 stocks for 2020, what it calls its most compelling ideas to either buy or sell. Buy-rated Amazon is on that list, with a $2,100 target, a gallop from Wednesday's close of $1,784.03.
Analyst Eric Sheridan believes investor concerns about the high costs of one-day shipping and investments in Amazon Web Services are now reflected in share prices. And, of course, Amazon dominates in e-commerce, cloud computing, digital ad and media consumption.
UBS has come up with a list of 20 stocks for 2020, what it calls its most compelling ideas to either buy or sell. Buy-rated Amazon is on that list, with a $2,100 target, a gallop from Wednesday's close of $1,784.03.
Analyst Eric Sheridan believes investor concerns about the high costs of one-day shipping and investments in Amazon Web Services are now reflected in share prices. And, of course, Amazon dominates in e-commerce, cloud computing, digital ad and media consumption.
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