Amazon's Expanded Grocery Service Boosts Market Share and Convenience
Amazon's stock is rebounding from support levels, driven by positive analyst sentiment and news of expanding grocery delivery services, including same-day perishables delivery in the US, which has boosted investor confidence despite recent challenges and a Q2 earnings dip. The stock offers an early entry point at 226.22 and is seen as a potential winner in the competitive grocery market, with analysts optimistic about its growth prospects.
