Roth MKM cheers opportunities related to margins, cloud computing, cost savings and artificial intelligence.
There are four reasons to keep loving Amazon.com Inc.’s stock, according to one analyst, even as the name has run up more than 50% so far this year.
Roth MKM’s Rohit Kulkarni called Amazon AMZN his top large-capitalization internet stock pick in a Monday note to clients, cheering opportunities related to margins, cloud computing, cost savings and artificial intelligence. He thinks that Amazon could show $9 billion to $13 billion next year in annualized savings, a trend that would benefit margins.
Shares could likewise get a boost from trends related to capital expenditures as Amazon balances savings from office-space initiatives with an expected uptick in AWS costs.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Kick off Summer With a Major Flash Sale on Apple, Dyson, Peter Thomas Roth, Tarte, and More Top Brands - E! OnlineGet your shop on with these jaw-dropping deals on Fujifilm, Benefit Cosmetics, Ninja, CHI, Korres, Tula, and more.
Leer más »
Tesla stock drops again after Goldman Sachs downgrades, as yet another Wall Street firm slashes ratingWall Street continues to grow cautious on an astronomical surge in shares of Tesla this year, with Goldman Sachs cutting the stock to the equivalent of a...
Leer más »
U.S. stock futures point to more caution after Russian turmoil amid economic worriesU.S. stock futures were a touch weaker Monday, extending last week's pullback as the volatile weekend in Russia pushed safe assets including gold and bonds...
Leer más »
Alphabet's stock fetches a downgrade as UBS sees a notable AI riskGoogle risks disrupting itself in the AI era, according to an analyst.
Leer más »
Virgin Galactic stock climbs more than 6% as company targets Thursday for first commercial flightVirgin Galactic’s first commercial flight will carry crew from Italy’s air force and the National Research Council of Italy
Leer más »
Stock futures are little changed ahead of final week of trading in June: Live updatesStock futures tk on Sunday evening as Wall Street headed toward a winning first half of the year.
Leer más »