Regarded as a "buy-and-hold" favorite for its thriving cloud business and solid 2% dividend yield.
Analysts at CNBC were bullish due to record-breaking Black Friday sales, where Amazon captured nearly 50% of all online sales.
Wall Street analysts and major investment publications highlighted several key stocks for December 2017, largely driven by holiday momentum and robust growth fundamentals:
The iPhone X launch was expected to capture over 70% of industry profits during the lucrative holiday quarter.
Analysts noted its unique membership model (75% of profits) and high renewal rates (94% for business members) as a competitive edge over other retailers.