Guggenheim Initiates A Bullish Rating On Amazon.com, Inc. (AMZN)

Amazon.com, Inc. (NASDAQ:AMZN) is among the 12 Best Performing Dow Stocks in 2025. 

Guggenheim started covering Amazon.com, Inc. (NASDAQ:AMZN) on December 9 with a $300 price target and a buy rating, according to TheFly. Although the retail industry is still viewed as “structurally sick,” the firm pointed out that many businesses are running close to their gross margin peaks, tariffs have been tolerable, and the holiday season has given positive momentum.

According to a December 10 Reuters story, Amazon.com, Inc. (NASDAQ:AMZN) is planning to invest more than $35 billion in India by 2030 with the goal to expand its business, improve its artificial intelligence skills, and boost exports. According to the company, its investments will be consistent with India’s national priorities, with a spotlight on job creation, small business support, logistical infrastructure, and artificial intelligence. Since 2010, Amazon.com, Inc. (NASDAQ:AMZN) has made $40 billion in investments in India, including a $26 billion investment in 2023. The company intends to create 1 million new jobs in India by 2030 and raise overall exports for sellers from $20 billion over the past decade to $80 billion by 2030.

According to Reuters, Amazon.com, Inc. (NASDAQ:AMZN)’s growth is a part of a larger trend of American tech companies making significant investments in India. Over the next five years, Microsoft and Google have committed $17.5 billion and $15 billion, respectively, to AI and cloud infrastructure. Amazon.com, Inc. (NASDAQ:AMZN)’s rivals in the Indian market include the retail division of Reliance Industries and Walmart-backed Flipkart.

Amazon.com, Inc. (NASDAQ:AMZN) is a leading online shopping site and marketplace for third-party sellers.

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