Amazon (AMZN) sees a "huge opportunity" in selling online advertisements for consumer packaged...

|By:, SA News Editor

Amazon (AMZN) sees a "huge opportunity" in selling online advertisements for consumer packaged goods companies, according to execs. Macquarie's Ben Schachter agrees, noting that the firm's ability to deliver a highly-targeted audience by filtering through users' buying habits has it well-positioned to grab a big piece of the CPG advertising market. Shares -1.1% premarket.