Amazon receives positive ratings from Goldman Sachs and Cathie Wood, expected to benefit from tariff changes

From StockTwits: 2025-04-08 04:52:00

Goldman Sachs reaffirmed a ‘Buy’ rating on Amazon shares, with Cathie Wood increasing her holdings. The company is expected to weather the impact of Trump’s trade war by adjusting prices and product mix. Amazon stands to benefit as a loophole exempting low-cost imports from duties closes in May. Revenue may be more tariff-proof compared to Meta and Google, thanks to cloud services. Ark Investment Management bought 17,000 Amazon shares. Despite some concerns about tariffs, retail sentiment is bullish. Shares of Amazon are down 20.1% year to date.



Read more at StockTwits: Amazon Wins Wall Street Votes Of Confidence As Tariff Fears Mount, Retail Smells A Bargain