JPMorgan chosen Amazon and Alphabet stocks as the most probable front-runners 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
