Amazon Tightens Grip As E-Commerce Accelerates: JPMorgan's 'Best Idea' For 2025

Quick Summary:

JPMorgan analyst Doug Anmuth updated his U.S.e-commerce model, projecting an acceleration in growth through 2025, with Amazon standing out as his "Best Idea".Fourth-quarter U.S.e-commerce sales grew 9.3% year-over-year, easily surpassing JPMorgan's 7.5% estimate.

E-commerce penetration continued its upward march, rising for the eighth straight quarter to 24.4% of adjusted retail sales.

The U.S.e-commerce engine is shifting into higher gear, and Amazon.com Inc (NASDAQ:AMZN) remains firmly in the driver's seat.

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Article Details

Author / Journalist: Surbhi Jain

Category: Technology

Markets: United States

Topics: Stories That Matter Analyst Ratings US0231351067 Tech Long Ideas Trading Ideas Expert Ideas Benzinga Ecommerce Top Stories AMZN Analyst Color

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-20 @ 13:53:09 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 337 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 26295042

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