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Manitou Investment Management Boosts Amazon.com Stake by 61,158 Shares
Manitou Investment Management Ltd., led by Alanna Marshall, increased its holdings in Amazon.Com, Inc. (AMZN) by 61,158 shares. TipRanks’ AI Analyst, Spark, rates AMZN as an “Outperform” due to improving profitability and strong AWS performance, but notes concerns about volatile free cash flow and a premium valuation. Amazon’s year-to-date price performance is 7.66%, with a current market cap of $2667.6 billion.