Amazon will overtake Walmart as the largest U.S. retailer in 2022, JPMorgan predicts

Amazon is on track to surpass Walmart as the largest U.S. retailer by 2022, J.P. Morgan analysts wrote in a note published Friday.

Amazon’s U.S. retail business is the “fastest growing at scale,” the analysts wrote.

After 9 months of consolidation, amazon should be finally able to break out. AWS and advertising keep growing, and amazon shipping operation can now challenge UPS, Fedex and USPS. For e-commerce, it is still a leader that none of the any other company can match or catch up. For the past 2 weeks investors were slowly rotating back to the established growth big tech stocks, so amazon should be able to break ath this month.

Thoughts on $AMZN, $WMT?