Article recommends buying Alphabet (GOOG, GOOGL) and Amazon (AMZN) stocks in June for potential growth
From Nasdaq: 2025-06-01 07:30:00
The Nasdaq Composite has outperformed the S&P 500 by returning 275% in the last 10 years, driven by tech-centric companies with high growth potential. Despite a shaky start, there are good opportunities to invest in dominant tech firms at attractive valuations for great returns.
Alphabet’s stock (NASDAQ: GOOG, GOOGL) has surged recently, offering double-digit growth in revenue and earnings over the past decade. With a modest forward price-to-earnings multiple of 18, Alphabet’s investments in AI technology, data centers, and cloud services position it for tremendous growth and a large share of the $1 trillion AI opportunity.
Amazon’s stock (NASDAQ: AMZN) has risen 144% in recent years, outperforming the Nasdaq. With solid growth in revenue and cost reduction efforts in its retail and cloud computing businesses, Amazon’s opportunity in cloud services, where it leads the $348 billion market, could drive significant long-term growth and market-beating returns.
Read more at Nasdaq: 2 Nasdaq Stocks to Buy in June