Summary: Amazon set to release strong Q4 results, offering growth potential for ETF investors.

From Nasdaq: 2025-02-05 10:45:00

Amazon (AMZN) is set to release fourth-quarter 2024 results on Feb. 6, with stock rising 21% in the past three months. Analysts predict earnings growth of 50.5% and revenue growth of 10.2% for the quarter, with a history of 25.85% earnings surprises. Amazon has a solid Growth Score of A and a Wall Street recommendation of 1.10, with a Zacks Rank #2 (Buy).

Investors can take advantage of Amazon’s potential success through ETFs like ProShares Online Retail ETF (ONLN), Fidelity MSCI Consumer Discretionary Index ETF (FDIS), Vanguard Consumer Discretionary ETF (VCR), Consumer Discretionary Select Sector SPDR Fund (XLY), and VanEck Vectors Retail ETF (RTH), which all have significant allocations to Amazon.

Amazon’s AI business is growing rapidly, with revenue expectations for the fourth quarter of 2024 between $181.5-$188.5 billion. The company’s continued dominance in e-commerce and expanding footprint in various sectors make it a strong investment choice.ETFs like ProShares Online Retail ETF and Fidelity MSCI Consumer Discretionary Index ETF offer exposure to Amazon, with significant allocations in their portfolios.

Vanguard Consumer Discretionary ETF and Consumer Discretionary Select Sector SPDR Fund also hold Amazon as their top firm, with strong growth prospects. VanEck Vectors Retail ETF provides exposure to the 26 largest retail firms, with Amazon occupying the top position in the basket. Amazon’s positive outlook and growth potential make it an attractive investment option for ETF investors.



Read more at Nasdaq: Are Amazon ETFs a Buy Ahead of Q4 Earnings?