Skip to main content

Nasdaq AMZN Amazon

Is Amazon Taking On Verizon and AT&T?

3 years 4 months ago
Dish Network (NASDAQ: DISH) is reportedly partnering with Amazon (NASDAQ: AMZN) in order to get into 5G cellular plans. Could this be an expansion of Prime or a new product line from Amazon? In this video, Travis Hoium covers what we know so far and how old this partnership is.
The Motley Fool

1 FAANG Stock That's a Surefire Buy in June and 1 to Avoid

3 years 4 months ago
Over long periods, Wall Street is a wealth-building machine. But during shorter time-lines, directional movements in the stock market are unpredictable. In 2021, the major U.S. stock indexes regularly achieved new closing highs. Meanwhile, last year, they all tumbled into a bear
The Motley Fool

3 Consumer Discretionary Stocks To Watch In June 2023

3 years 4 months ago
Consumer discretionary is a term for the sector of the economy that consists of businesses that sell non-essential goods and services. In simple terms, these are things that people buy when they have extra money to spend, like going out to eat, buying a new car, or traveling. Com
StockMarket.com

Guru Fundamental Report for AMZN

3 years 4 months ago
Below is Validea's guru fundamental report for AMAZON.COM, INC. (AMZN). Of the 22 guru strategies we follow, AMZN rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhi
Validea

Celsius Jumps Nearly 5% As Piper Sandler Boosts Price Target

3 years 4 months ago
For many consumers, energy drinks have evolved into a product characterized as “must haves,” which fall under the consumer staples category. One of the category leaders, in terms of sales and earnings growth, as well as stock price appreciation, is Celsius Holdings Inc. (NASDAQ:
MarketBeat

Tech Stocks’ Astronomical Prices – Is Now the Time to Sell?

3 years 4 months ago
Tech stocks rebounded, delivering stellar gains so far this year. For instance, shares of big tech giants like Apple ( NASDAQ:AAPL ), Microsoft ( NASDAQ:MSFT ), Alphabet ( NASDAQ:GOOGL )( NASDAQ:GOOG ), Amazon ( NASDAQ:AMZN ), Meta ( NASDAQ:META ), and Nvidia ( NASDAQ:NVDA ) have defied the weak general market trend and are up about 39%, 41%, 43%, 49%, 126%, and 168%, respectively, on a year-to-date basis. While the rally reflects equity investors’ buoyant mood on tech stocks, Morgan Stanley’s strategist Mike Wilson anticipates the possibility of a downturn or a correction in the technology sector. Tech Stocks - The Recent Past and Near Future Contrary to the fears of a recession gripping the market in 2023, the economy has proven to be less severe than anticipated. Although the market still exhibits weakness, the expectations of easing monetary policy due to the moderation in the inflation rate, the lower valuation of tech stocks at the start of 2022, and the concerted efforts of these companies to implement cost-cutting measures have all contributed to a revival in their stock prices. Thanks to this recovery, the NASDAQ 100 Index ( NDX ), which is primarily focused on tech companies, has gained over 33% year-to-date and handily surpassed the S&P 500 ( SPX ).  Adding to the growth of these tech stocks is the evolution of  AI (Artificial Intelligence). Investors have been bullish about anything and everything related to AI. Interestingly, not only individual stocks but  tech and AI-focussed ETFs ( Exchange-Traded funds) have also seen  large inflows of cash.    While investors’ sentiment has largely been positive, Wilson maintains a bearish tone. Back in April, Wilson warned that tech stocks would not be able to sustain their recent gains. More recently, the U.S. equity strategist said that a decline in corporate earnings would lead to a correction in stocks. He expects a disappointing performance in the second-half earnings of U.S. corporations, leading to a selloff in equities.  While Wilson reiterated his bearish call on tech stocks and the broader market, let’s check out what’s on the horizon for these tech giants.  The Upside Potential Remains Low TipRanks’  Stock Comparison tool shows that the  Top Wall Street analysts are bullish about these tech stocks. All of these stocks, except for Apple, command a Strong Buy consensus rating on TipRanks. However, the upside in the shares of these companies based on analysts’ average price targets shows limited upside potential.  Nvidia, which has gained the most among these companies, is the only stock offering double-digit upside potential based on the average price target.  Moreover, investors should note that NVDA, AAPL, and MSFT stocks have recouped all of their post-pandemic losses and are trading near their all-time highs. Meanwhile, Alphabet stock has recovered most of its lost ground and has significantly outperformed the broader markets.  However, Amazon and Meta stocks have lagged the S&P 500 index over the 5-year period and are yet to recover most of their pandemic gains.  Bottom Line  The recent rally and macro uncertainty could limit the upside in tech stocks in the near term. Analysts’ average price targets also substantiate this view. While most of these stocks carry a Strong Buy consensus rating, only Apple and Nvidia stocks have the  “Perfect 10” Smart Score.  However, NVDA, with a Strong Buy consensus rating and a Perfect 10 Smart Score, appeals the most, based on TipRanks’ valuable datasets and tools.  The  chip company has benefitted a lot from the rise of generative AI and its  dominant position in that space. NVDA is poised to deliver solid growth on the back of solid demand for its AI chips. Meanwhile, autonomous driving and high-end infotainment could further support growth in the auto segment, noted  Christopher Rolland of Susquehanna. The recent surge in NVDA stock has driven its valuation higher. However, the analyst believes that its premium valuation is warranted as NVDA is well-positioned to capitalize on its growing end markets.  Disclosure
TipRanks

Buy AT&T Stock on the Amazon-Induced Weakness

3 years 4 months ago
While major wireless carriers have denied it, e-commerce and cloud computing giant Amazon (NASDAQ: AMZN) is reportedly considering adding a free or inexpensive wireless service plan onto its prime membership. Shares of AT&T (NYSE: T) have dropped since the news broke, althoug
The Motley Fool

4 Warren Buffett Stocks to Buy Hand Over Fist in June

3 years 4 months ago
People have found some level of success in the past by trying to emulate others who have successfully accomplished whatever task they are trying to do themselves. In the investing world, Warren Buffett has arguably been consistently successful over several decades and has shared
The Motley Fool
Checked
17 minutes 13 seconds ago
This feed is responsible for generating the rss feed related to the topic AMZN
Subscribe to Nasdaq AMZN Amazon feed