BMO Capital Markets maintains Amazon's Outperform rating, citing strong fundamentals, market dominance, and strategic growth.

BMO Capital Markets keeps its Outperform rating on Amazon, calling it a top stock pick due to its strong fundamentals, dominant e-commerce and AWS cloud computing positions, and growth in advertising and logistics. Despite economic challenges and competition, Amazon shows resilience, improved profitability, and efficient cost management, with analysts citing its strategic investments and market share gains as key strengths. BMO believes Amazon is well-positioned for long-term growth amid ongoing digital transformation and consumer demand.