Why Amazon Stock Popped on Thursday

Shares of Amazon (NASDAQ: AMZN) climbed higher on Thursday, adding as much as 3.7%. As of 1:43 p.m. ET, the stock was up 3.4%.

In separate news reports, investors learned that Amazon had been named a top stock for 2022 and that in was partnering with Starbucks (NASDAQ: SBUX) on a concept store, using Amazon's "Just Walk Out" technology.

Amazon stock is poised to outperform next year after having a tough time in 2021. So says Goldman Sachs analyst Eric Sheridan, who named Amazon a "top pick" among U.S. internet stocks for 2022.

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Source Fool.com