Coinspeaker
JPMorgan: Amazon and Alphabet ‘Top Picks’ for 2024
As 2024 is just around the corner, investors are looking forward to getting predictions from experts. JPMorgan believes that tech stocks are going to get a good year.
In a recent note, JPMorgan experts highlighted that Amazon and Alphabet would be the probable front-runners for 2024.
Amazon.com Inc’s (NASDAQ: AMZN) revenue is expected to grow by 13% in comparison with 2023. The price target for AMZN will be around $190 which indicates a gain of 29% from the current price level.
Alphabet Inc (NASDAQ: GOOGL) is projected to have a $160 price target which shows a potential 21% jump from what we can see today. The growth revenue can increase by 11% in 2024
