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Amazon Stock Insights & Analysis for 2024

Key Points

  • Amazon stock offers investors a new opportunity to participate in the world's fastest-growing trends without the risks and volatility associated with these growth trends. 
  • The company's reach in global markets is crystalized by its market share in both E-commerce and cloud computing services. This crown is likely not going to tumble. 
  • Current valuations and price targets make the stock a bargain that may even retrace to a better entry for buyers. 
  • 5 stocks we like better than Wells Fargo & Company

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Should you invest $1,000 in Wells Fargo & Company right now?

Before you consider Wells Fargo & Company, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wells Fargo & Company wasn't on the list.

While Wells Fargo & Company currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Best High-Yield Dividend Stocks for 2024 Cover

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Amazon.com (AMZN)
4.8845 of 5 stars
$184.70+0.6%N/A51.74Buy$211.62
Alibaba Group (BABA)
3.9357 of 5 stars
$88.56+2.1%1.11%20.64Moderate Buy$109.96
Walmart (WMT)
4.5012 of 5 stars
$64.68+1.0%1.28%33.80Moderate Buy$61.97
United Parcel Service (UPS)
4.8779 of 5 stars
$149.23-0.3%4.37%21.63Hold$165.23
Microsoft (MSFT)
4.8462 of 5 stars
$420.21-0.2%0.71%36.38Moderate Buy$454.70
Rivian Automotive (RIVN)
3.1724 of 5 stars
$10.50+3.7%N/A-1.82Moderate Buy$19.00
Wells Fargo & Company (WFC)
4.3883 of 5 stars
$61.08+0.0%2.29%12.75Hold$58.99
Compare These Stocks  Add These Stocks to My Watchlist 

Gabriel Osorio-Mazilli

About Gabriel Osorio-Mazilli

  • gosoriomazzilli@gmail.com

Contributing Author

Value Stocks, Asian Markets, Macro Economics

Experience

Gabriel Osorio-Mazilli has been a contributing writer for MarketBeat since 2023.

Areas of Expertise

Value investing, long/short trading, options, emerging markets

Education

CFA Level I candidate; Goldman Sachs corporate training; independent courses

Past Experience

Analyst at Goldman Sachs, associate at Citigroup, senior financial analyst in real estate


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