Credit Suisse defends Amazon's (AMZN -8.7%) strategy of spending big on new distribution centers...

|By:, SA News Editor

Credit Suisse defends Amazon's (AMZN -8.7%) strategy of spending big on new distribution centers and acquisitions. "This is the right decision for the long run...notwithstanding the near term impact on margins," it says. And, "owning the stock here requires trust and patience," says BofA/Merrill.