Goldman names Amazon a top pick for 2022, says rising labor costs are already priced in

Boxes move along a conveyor belt at Amazon’s fulfillment center on Prime Day in Raleigh, North Carolina, U.S., on Monday, June 21, 2021.

Rachel Jessen | Bloomberg | Getty Images

Investors should bet on Amazon despite rising wages and other obstacles that make the e-commerce business more expensive for businesses, according to Goldman Sachs.


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