Shortly after Amazon.com Inc ( $Amazon.com(AMZN)$) released its earnings for Q4 2023 on the 1st of February, the stock experienced a rather quick rally northwards. The bulk of the rationale for this was attributed to strong holiday sales in Q4. However, buried deep within its numbers and assertions made during the earnings call lie an interesting rationale for a buy-in: the company's essentially is looking to become a "growth stock" again. A Deep Trend Drilldown Amazon is a complicated mess: three entirely different businesses - e-commerce, cloud solutions and media - reside within a single stock essentially branded as a "tech" company which can finance itself (if it chooses to) by issuing debt with a relatively lower yield since "tech" bond
Big Tech Prevails! Which Company Will Hit New High Next?
Big tech continues strong momentum after a short-term pullback. Some companies hit new highs or near theri all-time-high. Meta closed at $374 on Friday, only $10 away from it all-time-high of $384; Netflix hit $503 on 11th Jan., a new 52-week-high! ------------- Which company will hit new high next? Share your new high stocks in your watch list to win tiger coins!
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