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Why Wall Street's bullish on these 3 Club tech holdings

December 13, 2022
Source: cnbc.com cnbc.com
News Snapshot:
Wall Street delivered fresh research on three tech Club holdings Monday, with bullish takeaways for Amazon (AMZN), Apple (APPL) and Nvidia (NVDA). Amazon Analyst take: Wells Fargo highlighted Amazon in a note on ecommerce dynamics, calling out a normalization in brick-and-mortar and ecommerce growth trajectories. "We've now rounded the worst on the [ecommerce] giveback" to brick-and-mortar stores, the analysts wrote in a note. At the same time, Amazon is in a position to grow into the excess capacity it invested in during the height of the Covid-19 pandemic. The analysts note they have "seen indications of AMZN leveraging capacity to...
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