Benchmark Capital upgrades Amazon (AMZN +0.1%) to Buy from Hold, citing how U.S. e-commerce...

|By:, SA News Editor

Benchmark Capital upgrades Amazon (AMZN +0.1%) to Buy from Hold, citing how U.S. e-commerce spending saw a 13% growth rate this past holiday season. The online momentum will continue in 2011. The Kindle also was a great seller, notes Benchmark.