From Nasdaq:



Five-star analyst Ronald Josey of Citi named large-cap stocks such as Amazon, Meta Platforms, and Uber as his top picks for 2024, believing that momentum in the broader internet sector will persist throughout the year. Josey cited significant cost reductions and a focus on optimizing operations as reasons for these companies being well-positioned to gain. Specifically, he increased his price target for Amazon and remains bullish about its prospects. Meta also has a positive outlook, with bullish predictions and price targets. Uber, despite significant gains, is also seen as having further upside potential. In summary, all three stocks have a Strong Buy consensus rating, with Amazon showing the highest upside potential compared to Uber and Meta over the next 12 months.



Original: 3 Large Cap Stocks 5-Star Analyst Picks for 2024