My take on big tech short term and got long

$Apple(AAPL)$ with reduced sales it may see some correction in near future but what keeps the stock down for few more months is it is highly overvalued compared to other stocks anything between 120 to 140 can be a good entry point for longer term. for short-term traders Its advice to be cautious.

$Alphabet(GOOG)$ it may see some turbulence due to chat GpT hype for another week or two but I think it's been in red for quite a while and so under valued, it should start picking up in coming weeks once BARD goes live it will pick momentum.The stock can be somewhere between 150 to 180 in coming months

$Amazon.com(AMZN)$ for over a year the stock took a beating, with current restructuring and cutting down on non revenue generating business should put the shopping giant back on track. Mind you AWS is still a cash cow and second leader Microsoft is still miles away. In short Amazon is unanimous champion in cloud and a long term elephant.The stock would be between 130 to 160 in the next 2 to 3 months

$Meta first one in the big techs to start with a restructuring while the major layoffs is complete now Mark is looking to flatten the org by cutting most of the middle management layer that would reduce employers by another 3 to 5000 which can be considered as indirect layoffs w which will make the market happy, also Mark is very aggressive and improving the AI and monetising on WhatsApp and reels that sets up Mata for long run. TikTok ban is very likely to come in the US which could be an advantage to Meta.The stock could cross 200 to 250 in the near two months.

Microsoft it is a cash card in every angle with the recent investment in the chatGPT it is leading the way in AI. Though it is second best in cloud there is a long way to catch up with Amazon that shows a lot of potential to grow in the cloud space that can be a major revenue generating for Microsoft. The stock could cross 300 in another 2 to 3 months

Macro Trend

Monetary policy, various types of price indices... Here is everything about the macro economy!

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Comments

Svengers19
2023-02-12
Svengers19
Thanks for sharing
LohYK
2023-02-12
LohYK
agree that Google and Amazon had been beaten but more good days to come
zinglee
2023-02-12
zinglee
Amazon leads in two right now e-commerce and cloud with advertising growing fast. Yes over built and over hired during pandemic when making billions and nobody was complaining then.
nimbly
2023-02-12
nimbly
AAPL is going to drop to 140-145 and sit there for a few weeks. Valuation got ahead of itself and the market, but long term this baby’s gonna fly.
Sap
2023-02-12
Sap
Thanks for suppor t
vippy
2023-02-12
vippy
Amazon will make great strides going forward, they have many great products going forward