Latest News

JPMorgan says Amazon is its favorite ‘FANG’ stock into earnings, sees 30% rally

0 Inc. packages sit in front of a FedEx Corp. delivery truck in New York.

Christopher Lee | Bloomberg | Getty Images

Amazon is the best bet among major tech companies ahead of next week’s earnings blitz, JPMorgan said in a note to clients on Thursday.

Analyst Doug Anmuth called the stock his “favorite FANG” and said that there was upside potential for operating income and revenue in next Thursday’s first-quarter report. FANG stocks also include Facebook, Netflix and Google-parent Alphabet.

Apple’s $29 AirTag is a coin-sized tracker that helps you find lost things — here’s how it works

Previous article

Amazon’s cashierless checkout technology is coming to its new supermarkets

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News