Amazon is still a buy and will fare better than its competitors following court ruling, analyst says

Even though a Supreme Court ruling forcing Amazon to collect state sales tax hit the online retailer's shares Thursday, one analyst says investors shouldn't give up on the stock. CFRA analyst Tuna Amobi said the company's already huge footprint in the online commerce space will allow it to retain share and likely fare better than many of its smaller competitors. The firm kept its "buy" rating on the stock.