Amazon and two other Nasdaq 100 stocks to watch ahead of index rebalancing, traders say

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The Nasdaq 100 is about to look a little different. Todd Gordon of TradingAnalysis.com and Mark Tepper of Strategic Wealth Partners share their favorite picks.

"Both of these stocks have been duds since the summertime, they traded sideways, they've been consolidating since like June. And in my opinion that gives us a good buying opportunity," Tepper told CNBC's ""Amazon tends to go through these heavy investment cycles. ...

Like Amazon, Tepper sees opportunity in Netflix, a stock that has pulled back in the last three months. He argues a strong content slate in 2021 should help propel the stock higher.

 

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