Prominent investor Josh Brown buys more AMZN, UBER, starts position in RKT

From Yahoo Finance: 2025-04-08 11:48:00

Prominent investor Josh Brown added to his positions in Amazon (AMZN) and Uber (UBER), citing both as “core positions” that will survive the trade war. Brown believes buying Amazon after a 30% decline is smart for long-term shareholders. He also bought shares of Rocket Companies (RKT) for the first time.

Brown sees a potential upside for Rocket Companies (RKT) due to potential Fed rate cuts, as CNBC reported the possibility of five rate cuts this year. Brown believes RKT is well-positioned to benefit from a “refi boom” that could result from the rate cuts.

While Amazon (AMZN) may be promising, AI stocks offer even greater potential for higher returns in a shorter timeframe. An AI stock has risen significantly since the beginning of 2025 while popular AI stocks have declined. For a promising AI stock trading at less than 5 times earnings, check out the report on the cheapest AI stock.



Read more at Yahoo Finance: Well-Known Investor Buys More AMZN, UBER, Starts Position in RKT