GMBStaff

 17 Sep 23

tl;dr

<p>Wedbush research firm encourages investors to view any weakness experienced by Amazon.com as a result of the FTC lawsuit as a buying opportunity. Despite regulatory challenges, they are confident in Amazon's ability to navigate through them and remain optimistic about the company's long-ter...

Wedbush believes that any weakness experienced by Amazon.com (AMZN) as a result of the Federal Trade Commission (FTC) lawsuit would present a buying opportunity. The investment firm suggests that investors should take advantage of any dip in the stock's price, as they are confident in Amazon's ability to navigate through regulatory challenges. Wedbush is optimistic about Amazon's long-term prospects and sees the current situation as a temporary setback. They believe that any negative impact from the FTC lawsuit would be outweighed by the company's strong fundamentals and continued growth in various areas of its business. Therefore, they recommend staying bullish on Amazon despite the regulatory pressure it currently faces.

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