Amazon.com, Inc. (AMZN)
Amazon shares have dipped amid a broad market selloff driven almost entirely by sentiment rather than fundamental developments. Worries about overbuild and higher capex create a generational buying opportunity, reminiscent of 2022. AMZN's Q3 results show accelerating AWS growth, record margins, and strong high-margin revenue lines, signaling an inflection point.
Coca-Cola is a perennial favorite pick from the beverage industry, but right now, PepsiCo stock might be your best bet. It's going to be tough to dethrone Amazon as the leader of a couple of different growth markets.
The tech/retail giant is about to come under greater regulatory scrutiny in a huge market. Meanwhile, an analyst downgraded his recommendation on its stock.
“I really believe in Amazon,” says Ben Sturgill, citing its forecast for AWS growth. He encourages investors to buy the dip on tech giants, anticipating AMZN to climb to $300/share next year.
Some of the firms in the Magnificent 7 are starting to look a bit less magnificent.
Guru Stock PicksMario Gabelli has made the following transactions:Reduce in BRK.A by 2.38%Sold out in LOPPAdd in IYR by 0.58%New position in IMXILouis Moore Bac
3 dividend stocks with attractive dividend yields, high-quality business models and management teams, and very strong growth potential have pulled back lately. I look at the risks that have prompted the market to beat them down aggressively. I also detail why I think the risks are overblown, and these stocks are compelling buys on the dip.
For a stock that hit a fresh all-time high as recently as the start of November, it may come as a surprise that there's a bearish argument at all calling for a sell-off.
Amazon (AMZN) and Microsoft (MSFT) both got knocked down a notch on Tuesday after Redburn at Rothschild and Co. cut its ratings on the two cloud giants to Neutr