Amazon (AMZN) is rated as a top growth stock for long-term investment by Zacks Premium.

From Nasdaq: 2024-06-19 09:45:10

Zacks Premium offers various tools for investors to navigate the stock market confidently. With daily updates on the Zacks Rank, Industry Rank, and more, investors can make informed decisions. The Zacks Style Scores rate stocks based on value, growth, and momentum, helping investors choose stocks with potential for growth and market outperformance.

The Value Style Score identifies stocks trading below their true value, while the Growth Style Score focuses on future prospects and financial strength. Momentum Style Score helps investors take advantage of trends in stock prices. The VGM Score combines all three styles to find stocks with attractive value, growth forecast, and momentum.

Zacks Rank, a stock-rating model, uses earnings estimate revisions to identify top-performing stocks. Combining Zacks Rank with Style Scores can help investors choose stocks with the highest probability of success. For instance, Amazon.com (AMZN) has a Growth Style Score of A and VGM Score of A, making it a top pick for growth investors.

AMZN has a #3 (Hold) Zacks Rank, with a forecasted 57.9% year-over-year earnings growth. With a solid earnings history and consistent analyst revisions, AMZN stands out as a potential investment opportunity. Zacks also highlights 5 dividend stocks with strong fundamentals for retirement portfolios.

For more insights and unconventional wisdom, download Zacks’ Special Report on the top 5 dividend stocks. These well-established companies with a history of raising dividends offer stability and potential future returns. Visit the provided link to access the Special Report and explore investment opportunities for your retirement portfolio.



Read more at Nasdaq: Why Amazon (AMZN) is a Top Growth Stock for the Long-Term