$Amazon.com(AMZN)$ is a must-have stock for investors following the company’s second-quarter earnings beat, according to R5 Capital research analyst Scott Mushkin.“Amazon, in our opinion, once again proved how unique its business model is and why investors need to own the equity,” Mushkin wrote in a research note.The company’s competitive advantage lies in its distribution and logistics network, which is “not replicable,” Mushkin wrote. Customers are becoming increasingly reliant on Amazon’s same-day or next-day delivery services, making a Prime membership a “must-have, not a want-to-have,” he added. This has made price hikes to membership fees go down fairly well among consumers, as evidenced by Amazon’s second-quarter results.“We’re happy with the
This week's highlights: Wednesday: $Microsoft(MSFT)$ $Alphabet(GOOG)$ releases earnings Wednesday: FOMC meeting Thursday: $Meta Platforms, Inc.(META)$ releases earnings Thursday: Q2 GDP Friday: $Apple(AAPL)$ $Amazon.com(AMZN)$ releases earnings This week we have big earnings, FOMC and GDP. The last time we had such a big battle was at the end of April. : GDP Is so Bad, When Will the Market Improve? When the elephant stops dancing, be careful! There are plenty of p