Nearly every analyst covering Amazon says buy the dip, except one

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Barclays told clients it’s “still early” to buy the dip on Amazon, as the e-commerce giant’s period of heavy investment could hurt financials further before things get better.

Shares of Jeff Bezos-led Amazon plunged as much as 9% about reporting third-quarters earning that fell short of Wall Street’s expectations.

Almost every other Wall Street analyst recommended buying the dip.


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