Skip to main content

Nasdaq AMZN Amazon

Guide to Single-Stock ETF Investing

3 years 3 months ago
Exchange-Traded Funds (ETFs) have seen a rapid progress since their inception. In its initial days, plain vanilla ETFs used to track broad market indices, but these have grown to cover a wide array of investment themes, sectors, a

iShares Core S&P 500 ETF Experiences Big Inflow

3 years 3 months ago
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P 500 ETF (Symbol: IVV) where we have detected an approximate $1.7 billion dollar inflow -- that's a 0.5% increase week over week

The Implied Analyst 12-Month Target For VOOV

3 years 3 months ago
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel

Shopify Stock: Buy, Sell, or Hold?

3 years 3 months ago
E-commerce platform company Shopify (NYSE: SHOP) has risen like a phoenix out of last year's bear market, more than doubling over the past 12 months. Improving investor sentiment toward growth stocks helped, but Wall Street applauded the company's pivot away from building a logis

Guru Fundamental Report for AMZN

3 years 3 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

4 Top Stocks to Buy in the Second Half of 2023

3 years 3 months ago
History tells us that a good start to the year is usually followed up by another positive second half. In this video, I will talk about four exciting companies that are worth your attention as we enter the second half of this year, especially during these uncertain times. I chose

Tech Stocks Roared Back in 1H23; Will the Bull Run Sustain in 2H?

3 years 3 months ago
Tech stocks roared back, wrapping up the first six months with massive gains. The prospect of less aggressive interest rate hikes in the future, moderation in the inflation rate, and the grand entrance of Generative  AI (Artificial Intelligence) are behind investors’ buoyant mood. While the economy still exhibits weakness and valuations appear rich, the recovery in cloud computing and AI-led opportunities indicate that the bull run in tech could sustain in the second half of 2023.  While the sector is expected to benefit from secular trends, investors should note that there could be select buying opportunities across the tech landscape in the second half of this year. But before we move ahead, let’s look at the recent price performance of technology stocks.  Tech Stocks – The Stellar 1H Price Performance Contrary to the fears of recession and weak end-market demand, the buzz around AI led Nvidia's ( NASDAQ:NVDA ) stock to  attain $1 trillion in market cap. Meanwhile, shares of Meta Platforms ( NASDAQ:META ) are up about 145% year-to-date, thanks to the implementation of deep cost-cutting measures and growing momentum in its products and platforms.  At the same time, Amazon's ( NASDAQ:AMZN ) stock has gained over 55%, reflecting the easing of the inflationary environment, cost-cutting initiatives, and an expected recovery in its AWS (Amazon Web Services) segment.  Apple's ( NASDAQ:AAPL ) stock grew about 48% due to the momentum in Services revenue and easing supply-chain headwinds. Meanwhile, Microsoft ( NASDAQ:MSFT ) and Alphabet ( NASDAQ:GOOGL )( NASDAQ:GOOG ) stocks also defied the weak general market trend and have gained 42% and 38, respectively, on a year-to-date basis.  Thanks to this recovery, the tech-heavy NASDAQ 100 Index ( NDX ) is up about 39%. Further, tech and AI-focused ETFs ( Exchange-Traded funds) like the Invesco QQQ Trust ( QQQ ) and Global X Robotics & Artificial Intelligence ETF ( BOTZ ) have also delivered substantial gains and witnessed  large inflows of cash.   The 2H 2023 Outlook Thanks to the solid secular tailwinds, it is hard to find shorts among these large tech companies. Exposure to generative AI, a recovery in cloud computing, and a rebound in end-market demand could continue to fuel growth for these companies.  TipRanks’  Stock Comparison tool shows that Wall Street analysts are bullish about these tech stocks. All of these stocks command a Strong Buy consensus rating on TipRanks. However, analysts’ average 12-month price targets show limited upside potential.  Nvidia is the only big tech stock offering double-digit upside potential based on the average price target. Despite the stellar gains, the double-digit upside potential in NVDA stock shows the recognition of NVDA’s leadership in the AI space.  Besides for NVDA, shares of Amazon could exceed analysts’ average price target, reflecting reacceleration in AWS’ growth rate, AI-led tailwinds (AWS’ Generative AI offerings), and cost-saving measures.  Besides for these mega-cap stocks, the  Top Wall Street analysts are also bullish about Advanced Micro Devices ( NASDAQ:AMD ), CrowdStrike ( NASDAQ:CRWD ), ACM Research ( NASDAQ:ACMR ), Axon Enterprise ( NASDAQ:AXON ), and EngageSmart ( NYSE:ESMT ).  These tech stocks offer decent upside potential over the next 12 months based on analysts’ price targets. Bottom Line  Despite macro uncertainty, the recent rally in technology stocks shows investors’ optimism in the sector. Further, analysts’ Strong Buy consensus rating on these stocks also substantiates the bullish view. Moreover, the expected increase in IT spending by enterprises on cloud and AI applications bodes well for growth.  Disclosure

Amazon Prime Day Deals Starting July 11

3 years 3 months ago
(RTTNews) - Online retail giant Amazon.com, Inc. (AMZN) said Thursday that its Prime Day deals, where prime members across the globe will have 48 hours of exclusive access to shop millions of deals, will start on July 11.

Oracle Stock (NYSE:ORCL): Riding High on AI Tailwinds; Should You Buy?

3 years 3 months ago
Software Giant Oracle ( NYSE:ORCL ) stock has caught investors’ attention in 2023. It has easily outperformed its large-cap peer group, gaining almost 40% year-to-date. Not just that, but the stock reached its all-time high of around $127 after delivering an outstanding Q4 beat in June. Well, now the big question is, is it too late to buy the stock? The answer is indeed surprising -- no, it's likely not too late! I believe Oracle stock has a long runway for growth based on robust high-digit AI growth opportunities and Oracle’s clear edge versus its peers as it continues to invest and scale its AI and cloud capabilities. Solid Cloud Momentum Led to Upbeat Q3 Results On June 12, Oracle delivered outstanding Q4 and Fiscal 2023 results. Q4 revenues jumped 17% year-over-year to $13.8 billion, beating Wall Street’s expectations by about $100 million. Adjusted earnings of $1.67 per share also surpassed consensus estimates of $1.58. The highlight of the quarter was some very impressive Cloud numbers. Organic Cloud revenues jumped 33% year-over-year in constant currency, while Cloud Infrastructure (IAAS) growth came at 77% year-over-year, driven by AI momentum. Operating margins improved, too, expanding by 200 basis points sequentially to 44%. A free cash flow margin of 27% was the cherry on the cake. The reduced capital expenditures reassured investors of the sturdiness of its free cash flows, which continue to grow at a rapid pace (68%). It's no wonder then that the stock received upward price target revision from several Wall Street analysts and rating upgrades too. On top of that, the company gave out a positive outlook, putting investors’ concerns to rest over increasing capital expenditures, a possible margin compression, and weakness in its core businesses. For the upcoming first quarter, the company expects total revenues to grow at 8%-10% year-over-year, driven by impressive growth in IAAS. Notably, capital expenditure expectations have flattened for Fiscal 2024 after nearly doubling year-over-year in Fiscal 2023. As a result, the company's free cash flow margin should remain high. Long-Term Catalysts: Cloud Business at an Inflection Point, Aided by AI The robust Cloud business momentum that Oracle witnessed is not a one-off event. The AI boom story is here to stay. During the earnings call, management laid out its expectation for 30% Cloud business organic growth during Fiscal 2024. The company is bullish on the AI space and looking to scale up its AI investments in a big way. Oracle is spending massively on AI technology, creating efficient networks and databases, buying high-end graphics processing units GPUs and chips from Nvidia ( NASDAQ:NVDA ), and entering into multiple partnerships. Recently, to add generative AI features across its software portfolio, it collaborated with an AI start-up company named Cohere.  Despite the fact that Oracle jumped later than its peers into the AI bandwagon, it continues to attract both new and old customers at a fast pace. What is giving Oracle an edge over its rivals like Amazon ( NASDAQ:AMZN) and Microsoft ( NASDAQ:MSFT ) is its differentiated AI services that include payments based on customer usage. The resulting cost savings have made it a preferred choice for its clients. Further, it has made several performance upgrades that have made its services more economical and faster for its customers when compared to its peers. Digging deeper, Oracle reported impressive growth in its Cloud business, whereas Amazon Web services reported a much lower growth rate at around 11%. This implies that Oracle could be gaining market share from Amazon at a rapid pace. Is ORCL Stock a Buy, According to Analysts? As per TipRanks, analysts are cautiously optimistic about Oracle stock, giving it a Moderate Buy consensus rating based on 13 Buys and 12 Holds. Oracle stock’s average price forecast of $129.37 implies 11.6% upside potential. ORCL's Valuation is Reasonable In terms of the stock's valuation, Oracle is trading at a forward P/E ratio of 21.1x, reflecting a 9.8% discount to its peer-group median of 23.8x. For the sake of comparison, its biggest competitor Amazon is currently trading at a much higher P/E ratio of 83.3x. Given the strong fundamentals and earnings growth, I believe that Oracle stock is fairly valued at current levels. Takeaway: Should You Consider ORCL Stock? The AI industry is still in its nascent stage. The supernormal growth in the AI space will ultimately normalize. However, that stage will come after a few years. In the meantime, Oracle will continue to gain market share based on its superior AI services driven by innovations and investments. What’s even more enticing is that its continuing innovations make its software services more cost-effective for its clients. Therefore, I will consider buying the stock with a long-term view. Disclosure

Best Stocks to Buy Now: Rivian Stock vs. Tesla Stock

3 years 3 months ago
The electric vehicle heavyweight champion of the world, Tesla (NASDAQ: TSLA), has several contenders looking to take its belt. Is Rivian Automotive (NASDAQ: RIVN) a serious contender, or simply Glass Joe from Punch-Out!!? Watch the below video for detailed stock analysis on both
Checked
29 minutes 51 seconds ago
This feed is responsible for generating the rss feed related to the topic AMZN
Subscribe to Nasdaq AMZN Amazon feed