AMZN, GOOGL: Businesses Accelerating Into Long-Term Growth Trajectory

Wedbush has initiated coverage of Amazon (AMZN) and Alphabet (GOOGL). Scott Devitt discusses this and how it relates to e-commerce and the digital ad sector. He talks about how it's getting to point now that businesses are accelerating into their long-term trajectory of growth and for big tech names it is the low double digit area. Wedbush has an outperform rating on GOOGL. He also goes over how AMZN continues to keep figuring out ways to grow. Tune in to find out more about the stock market today.

Trading 360

22 Aug 2023

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