Ignore Trump’s Amazon bashing and Purchase the stock on any weakness: Deutsche Bank

President Donald Trump could be “obsessed” with Amazon, but it does not mean the corporation will face any meaningful action from the president, Deutsche Bank says.

“We observe some little risk that the President could use the bully pulpit to criticize Amazon, also potentially set some roadblocks for the company,” analyst Lloyd Walmsley advised clients Wednesday. But “if it had been such a slam dunk case we think it is fairly likely that we’d have seen a tweet from @RealDonaldTrump regarding an impending regulatory actions.”

The post Ignore Trump’s Amazon bashing and Purchase the stock on any weakness: Deutsche Bank appeared first on Retailnewsfeed.com.

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