- Amazon had its largest Prime Day sales event ever, generating $24.1 billion in sales over four days, double that of Black Friday. Its focus on logistics, automation, and AI is paying off, making operations more efficient. AWS remains a leader in cloud computing, making Amazon a strong long-term investment.
- Alibaba trades at a low forward P/E multiple and is executing well, with its cloud business seeing consistent growth. Its e-commerce business is improving, and new initiatives are driving growth. The stock has a lot of upside potential if it continues to execute.
- E.l.f. Beauty’s pending acquisition of Rhode is seen as transformative, with Rhode showing impressive sales growth and potential. The addition of a premium brand to e.l.f.’s portfolio could lead to better margins and long-term growth opportunities.
- JAKKS Pacific is a strong turnaround story, with improved operations and profitability under new leadership. Sales are up, driven by licensed products, and the company is diversifying its offerings to include lifestyle brand products. With solid fundamentals, JAKKS looks undervalued.
- Cava Group, despite a recent stock decline, has strong growth potential due to its successful store expansion and strong same-store sales growth. With a focus on fresh, fast, and healthy Mediterranean food, Cava is poised to be the next Chipotle. Investing in Cava for the long term could be a smart move.
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