Amazon (AMZN) is a top-ranked growth stock with strong earnings growth projection
From Nasdaq: 2024-07-22 09:45:16
Zacks Premium offers a plethora of tools for investors to confidently navigate the stock market. This research service includes daily updates on Zacks Rank and Industry Rank, access to the Zacks #1 Rank List, Equity Research reports, Premium stock screens, and Zacks Style Scores. Style Scores rate stocks based on value, growth, and momentum, helping investors make informed decisions. The VGM Score combines all Style Scores and works in conjunction with the Zacks Rank to identify top-performing stocks. Stocks with a Zacks Rank #1 or #2 and Style Scores of A or B have the highest likelihood of success. Monitoring a stock’s earnings estimate revisions is crucial in stock selection, as even high-rated stocks may underperform if their earnings forecast is declining.
Amazon (AMZN) stands out as a top pick for investors, with a Zacks Rank #1, VGM Score of A, and strong Growth Style Score. Analysts project significant year-over-year earnings growth for AMZN, making it an attractive choice for growth investors. With a history of positive earnings surprises and solid ratings, AMZN should be on investors’ radar.
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Read more at Nasdaq: Amazon (AMZN) is a Top-Ranked Growth Stock: Should You Buy?