Why Amazon Will Thrive in 2017 Despite Donald Trump

Amazon.com has struggled since Trump's election, but will be a big winner in 2017, said Daniel Skelly, head of equity model portfolio solutions at Morgan Stanley Wealth Management.
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Amazon.com (AMZN) - Get Report has struggled in the wake of Trump's election, but will be a big winner in 2017, says Daniel Skelly, head of equity model portfolio solutions at Morgan Stanley Wealth Management. Last week Amazon announced its best-ever holiday shopping weekend for devices-including a record-breaking Cyber Monday with Amazon device sales up more than two times over last year. According to the company, Echo Dot, Amazon Fire TV Stick with Alexa Voice Remote, Fire tablet, and Amazon Echo were not only the best-selling Amazon devices on Cyber Monday, but they were the best-selling products from any manufacturer in any category across all of Amazon.