Citi Reportedly Tells Investors to Buy AMZN Stock on Weakness

Why Citi Thinks That TikTok US Would Help AMZN

Noting that TikTok Shop had generated $9 cardinal of gross merchandise measurement (GMV) successful the U.S. successful 2024, Citi highlighted the imaginable synergies betwixt TikTok and AMZN. TikTok's "strength crossed influencers" could alteration Amazon to pull much imaginable buyers, Citi stated, according to Schwab.

What's more, TikTok, which has 170 cardinal monthly progressive users successful America, could boost Amazon's advertisement business, Citi believes.

However, aggregate reports person suggested that "various parties progressive successful the talks" astir a TikTok woody " bash not look to beryllium taking Amazon's bid precise seriously," Schwab stated.

The slope kept a $270 terms people and a Buy standing connected AMZN.

Other Potential Suitors for TikTok US

Among the different imaginable acquirers of the short-video website are AppLovin (APP) and a consortium of Oracle (ORCL), Blackstone (BX), and Silver Lake.

The Recent Price Action of AMZN

In the past month, the shares person mislaid 9%, portion they person slumped 17% successful the past 3 months.

While we admit the imaginable of AMZN, our condemnation lies successful the content that AI stocks clasp greater committedness for delivering higher returns, and doing truthful wrong a shorter timeframe. There is an AI banal that went up since the opening of 2025, portion fashionable AI stocks mislaid astir 25%. If you are looking for an AI banal that is much promising than AMZN but that trades astatine little than 5 times its earnings, cheque retired our study astir this cheapest AI stock.

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Disclosure: The writer owns shares of AMZN but has nary volition of trading them successful the adjacent 48 hours. This nonfiction is primitively published at Insider Monkey.