Recently, the tech sector has been challenging for investors as pandemic-era boons fade and rising interest rates increase the cost of capital while discounting the value of future growth.
The NASDAQ 100 After Hours Indicator is down -4.28 to 12,353.91. The total After hours volume is currently 91,108,580 shares traded.The following are the most active stocks for the after hours session: Amcor plc (AMCR) is unchanged at $11.42, with 7,588,363 shares traded. AMCR's
The S&P 500 ended lower on Friday, weighed down by Microsoft and Nvidia as investors worried that inflation and a strong U.S. economy could put the Federal Reserve on pace for more interest rate hikes.
Consumer stocks were mixed late afternoon, with the SPDR Consumer Staples Select Sector ETF (XLP) rising 1.2% and the SPDR Consumer Discretionary Select Sector ETF (XLY) sliding 0.3%.
Wall Street dropped on Friday, weighed down by Microsoft and Nvidia as investors worried that inflation and a strong U.S. economy could put the Federal Reserve on pace for more interest rate hikes.
U.S. stock indexes fell on Friday, weighed down by energy and megacap growth names, as investors worried that inflation and signs of strength in the U.S. economy could put the Federal Reserve on pace for more interest rate hikes.
Investors looking for stocks in the Internet - Commerce sector might want to consider either Alibaba (BABA) or Amazon (AMZN). But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.
U.S. stock indexes slipped on Friday on weakness in megcap and energy stocks as investors worried that stubborn inflation and signs of strength in the U.S. economy could put the Federal Reserve on pace for more interest rate hikes this year.
Amazon (NASDAQ: AMZN) and Walt Disney (NYSE: DIS) are two of the most hotly debated stocks on the market today. They operate in different industries, but they're both huge entities with varied businesses that are chock-full of moving parts. Are they both on the "winners keep winn
Amazon (AMZN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
For Immediate ReleaseChicago, IL – February 17, 2023 – Zacks Value Trader is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts y
The past year has been rough for investors, but there's a silver lining: Now is a more affordable time to invest. Though the market has rebounded slightly over the last several weeks, many stocks are still well below their all-time highs -- making it the perfect chance to load up
Inflation is a word all consumers have become familiar with over the last 12 months. Put simply, it defines a broad rise in the price of goods and services, and right now shoppers are feeling it at the grocery store, at the gas pump, and even at the car dealership.
The primary m
Earnings results from major retailers in the coming weeks will test the strength of the U.S. stock market rally, as investors gain insight into the health of consumer spending and the fallout on company bottom lines from inflation.
As much as investors might dislike stock market corrections, crashes, and bear markets, they're a normal part of the investing cycle. Last year, all three major U.S. stock indexes were, at one point, mired in a bear market. Worse yet, the Dow Jones Industrial Average, S&P 500
You may have finished celebrating Valentine’s Day, but gifting something unique, like a stock that will enhance the financial well-being of your partner, shouldn’t be limited to a day. If you plan to gift shares, we recommend stocks with the highest trading volume. Using TipRanks’
U.S. Stock Movers tool, we have selected Tesla (
NASDAQ:TSLA
), Amazon (
NASDAQ:AMZN
), and Apple (
NASDAQ:AAPL
).
Our data shows that Tesla has the highest average trading volume of 160.66M. It is followed by Amazon and Apple, with an average trading volume of 76.18M and 75.63M, respectively.
These three stocks have a good chance of making your loved ones wealthier by the next Valentine’s Day. Holding these stocks for longer can be even more rewarding. Let’s dig deeper.
What is Tesla’s Highest Price Target?
TSLA stock is riding high on solid demand and an expected improvement in production. It has gained about 64% year-to-date in 2023. Moreover, its highest price target of $300 from Piper Sandler analyst
Alexander Potter shows a further upside of 48.49%.
Among the 31 analysts providing recommendations on
Tesla stock, 22 have rated it a Buy. Meanwhile, six analysts have a Hold, while three maintain Sell recommendations. In aggregate, TSLA stock sports a Moderate Buy consensus rating. As Tesla stock gained quite a lot in 2022, the analysts’ consensus 12-month price target of $202.46 is roughly in line with its closing price on February 16.
Nevertheless, TSLA stock has a positive signal from hedge fund managers, who
bought 780.8K shares in the previous quarter. Meanwhile, TSLA has an Outperform Smart Score of nine.
What is the Future of Amazon Stock?
Amazon is a leader in the e-commerce and cloud spaces, implying the company has stellar growth prospects in the coming years. Its stock took a beating amid pressure on consumer spending due to macro headwinds, adverse currency movements, and increased cost pressure. However, these issues are transitory, and AMZN will likely deliver solid growth as the macro environment shows signs of improvement.
This is also reflected in analysts’ positive ratings on AMZN stock. Among the analysts covering
AMZN stock, 36 rate it a Buy. Meanwhile, only three analysts recommend a Hold. Overall, Amazon sports a Strong Buy consensus rating on TipRanks. Amazon stock is up about 17% year-to-date. Further, analysts’ average 12-month price target of $137.05 implies 39.63% upside potential.
Besides for analysts, hedge funds are also optimistic about Amazon. They
bought 17.3M shares of AMZN last quarter. With positive signals from analysts and hedge funds, Amazon carries an Outperform Smart Score of nine.
Is Apple Still a Good Long-Term investment?
The macro headwinds weighed on
Apple’s sales in Q1. However, its long-term fundamentals remain intact, as AAPL is poised to benefit from strength in the Services segment, an increase in its installed base, and demand for its devices, including the iPhone.
Analysts also maintain a favorable outlook on
AAPL stock. Among the 29 analysts providing ratings on AAPL stock, 24 rated it a Buy, and five recommended Hold. Overall, it has a Strong Buy consensus rating.
AAPL stock also has a positive signal from hedge fund managers, who bought 11.2M shares last quarter. It’s worth highlighting that
Warren Buffett has also
increased his holding in AAPL stock. Meanwhile, BlackRock (
NYSE:BLK
)
bought more AAPL stock in Q4. Apple stock has a maximum Smart Score of “Perfect 10.” Note that
shares with a “Perfect 10” Smart Score have historically outperformed the S&P 500 Index (
SPX
) by a wide margin.
Bottom Line
Valentine’s Day is over, but you can always gift something unique, like a stock, to your loved ones that will add to their financial freedom. TSLA, AMZN, and AAPL are U.S. stocks with solid long-term growth prospects. All these stocks carry an Outperform Smart Score on TipRanks, suggesting they are more likely to outperform the benchmark index.
Meanwhile, investors can leverage
TipRanks’ Experts Center tool to identify top stocks that can outperform the broader market averages.
Disclosure
Amazon (NASDAQ: AMZN), Tesla (NASDAQ: TSLA), and Palantir Technologies (NYSE: PLTR) are attracting investors looking to add growth stocks to their portfolios. This video will answer which growth stock is the best one to buy.