Ivan Feinseth discusses the upcoming and impactful catalysts around prime day for Amazon. In the past, prime day has not necessarily been a major mover for the stock, This year, AMZN is well positioned to benefit from a resurgent consumer and a macro economy that continues to demonstrate robust growth. Despite the reopening of traditional brick stores, ecommerce growth form online shopping is still expected to grow in the double digits for the foreseeable future.
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