From Nasdaq: 2024-05-12 08:45:00

Looking for top stocks to buy and hold for the long term? Consider Amazon (NASDAQ: AMZN), which reported a 13% increase in net sales to $143 billion in Q1 2024, with a net income of $10.4 billion. The company’s generative AI platform, Amazon Bedrock, is being used in various industries for innovative solutions.

Pinterest (NYSE: PINS) is another solid buy, with approximately 518 million monthly active users and a 23% increase in revenue to $740 million in Q1 2024. The company reported a net loss of $25 million, a significant improvement from the previous year, and is focused on introducing new ad formats to drive growth.

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