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Goldman names Amazon a top pick for 2022, says rising labor costs are already priced in

Boxes move along a conveyor belt at an Amazon fulfillment center on Prime Day in Raleigh, North Carolina, U.S., on Monday, June 21, 2021.
Rachel Jessen | Bloomberg | Getty Images

Investors should bet on Amazon despite rising wages and other hurdles that are making the e-commerce business more expensive for companies, according to Goldman Sachs.

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