Top Wall Street analysts see attractive prospects for these 3 stocks

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TipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Micron Technology and Amazon.

Investors are grappling with a host of mixed signals as recent data suggests the economy may be softening and the S&P 500 surges to new highs.

Hari ranks No. 25 among more than 8,900 analysts tracked by TipRanks. His ratings have been profitable 69% of the time, delivering an average return of 29.2%. ." Overall, Amazon remains Evercore's"No. 1 Large Cap Long," with the survey results backing the company's long-term investment thesis. Notably, the survey results supported the analyst's views about three fundamental catalysts in 2024 – significant acceleration in the growth of Amazon Web Services, rising operating margins of the North American Retail business and solid free cash flow margins.

The analyst expects Twilio to gain from the demand for artificial intelligence-based automated responses that ensure timely and cost-effective customer interaction. He expects the company's continued investment in research and development and the integration of predictive and generative AI into its new products to boost customer adoption.

 

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