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3 Reasons Amazon Could Be the Best Tech Performer in June

Key Points

  • Amazon shares continue to trade well as we head into the summer, and investors should be excited. 
  • Analysts remain overwhelmingly bullish, with firms like Bank of America, Tigress, and Citigroup reiterating Buy ratings.
  • The technical setup is also solid, with the stock forming higher highs and higher lows and momentum indicators suggesting more upside.
  • Five stocks to consider instead of Amazon.com.

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Sam Quirke
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Sam Quirke

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Technical Analysis

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Amazon.com (AMZN)
4.7109 of 5 stars
$207.23+0.7%0.10%37.47Moderate Buy$244.89
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