Why Jim Cramer Thinks Amazon Stock Will Reach Fresh Highs
Jeffries put out a note on Amazon (AMZN) - Get Amazon.com Inc. Report on Thursday, Jan. 21.
Analysts said that they had a call with "...a supply chain/logistics expert to discuss the current state of AMZN's logistics network."
The note continues to say that Amazon is "expected to continue growing logistics capacity at an unprecedented rate."
And Bank of America lifted the price target of Amazon to $4,000.
Jim Cramer has long been a fan of Amazon, but what does he make of it here?
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