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

www.cnbc.com/2019/10/25/nearly-every-analyst-covering-amazon-says-buy-the-dip-except-one.html

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.