Amazon's new digital pharmacy is a trillion-dollar opportunity that the company needs to sustain current growth levels, a Wall Street senior analyst says
Nov 17, 2020 - Business Insider
Amazon/Handout via Reuters
Amazon's digital pharmacy could be a trillion-dollar global opportunity for the e-commerce giant, and could bring in noticeably more profit than previous acquisitions, according to D.A. Davidson's Tom Forte.
"My question for Amazon is 'What took you so long?' I think this is a great move by Amazon," the senior research analyst told Bloomberg Surveillance on Tuesday.
He added that a company like Amazon, that currently has a market c...
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