Top Wall Street analysts see attractive prospects for these 3 stocks

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.

The analyst highlighted several reasons for his bullish investment thesis, including market share gains in the lucrative high-bandwidth memory space and AI compute growth in Micron's data center business and edge computing.Hari pointed out that Micron generated free cash flow of $425 million in the fiscal third quarter, marking a rebound from several quarters of negative FCF.

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.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Top Wall Street analysts are optimistic on the outlook for these 3 stocksTipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Burlington Stores and Amazon
Fuente: CNBC - 🏆 12. / 72 Leer más »

Top Wall Street analysts see attractive prospects for these 3 stocksTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Micron Technology and Amazon.
Fuente: NBCNewYork - 🏆 270. / 63 Leer más »

Top Wall Street analysts favor these dividend stocks for better returnsTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Darden Restaurants and Citigroup
Fuente: NBCDFW - 🏆 288. / 63 Leer más »

Top Wall Street analysts favor these dividend stocks for better returnsTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Darden Restaurants and Citigroup
Fuente: NBCNewYork - 🏆 270. / 63 Leer más »

Top Wall Street analysts favor these dividend stocks for better returnsTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Darden Restaurants and Citigroup
Fuente: NBCLA - 🏆 319. / 59 Leer más »

Top Wall Street analysts recommend these stocks for the long haulTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Microsoft and Delta Air Lines
Fuente: NBCLA - 🏆 319. / 59 Leer más »