Wall Street analysts are bullish on stocks like Nio and Amazon

Chinese electric vehicle company Nio Inc.’s first employee, Tianshu LI, and the company’s leadership team celebrate at the New York Stock Exchange (NYSE) Opening Bell to mark the initial public offering (IPO ) of the company on the NYSE in New York on September 12, 2018.

Brendan McDermid | Reuters

Stocks ended the first quarter lower, but investors should keep an eye on their long-term goals.

Inflation concerns, a Federal Reserve rate hike, and the Russia-Ukraine conflict have rocked markets in the first three months of 2022. However, keeping a long-term perspective remains the best way to keep calm and serenity, especially when choosing actions.

Some of Wall Street’s most accurate professionals have singled out five long-term stocks, according to TipRanks, which tracks top-performing analysts.

These are the companies that caught the attention of analysts this week.

child

Supply-side restrictions and a general tightening of economic activity have caused tech and high-growth names to drop, and for Nio (CHILD), investor aversion to China-based stocks has not benefited the company.

The EV automaker is down more than 30% so far this year, though this only makes the stock more attractive, according to vijay rakesh of Mizuho securities. He said the short-term headwinds do not reflect the company’s fundamentals, nor its outlook.

Ranked Rakesh CHILD a buy, but slightly lowered its target price to $60 from $65.

The analyst stated that Nio is “well positioned for long-term growth with a focus on R&D, leadership in premium EVs, accelerating EV penetration in China, ongoing global expansion and mass market launch potentially in 2022- 2. 3”. He expects the company to increase its production in the second half of the year.

Nio is expected to increase its presence in the European market, expanding to Germany, Denmark, Sweden and the Netherlands. Rakesh does not expect the company to relinquish its leadership position in premium electric vehicles any time soon.

Various factors have negatively affected Nio production lately, including the earthquake in Japan and increased Covid-19 restrictions in China. (Watch Child risk analysis in TipRanks)

There are almost 8,000 financial analysts on TipRanks, of which Rakesh is ranked 31st. He has been correct in rating stocks 72% of the time and has averaged 49.2% on each.

twilio

twilio (TWO) has seen its share price drop by 35% so far this year, but don’t write the stock off. The software firm still has several long-term growth levers to pull.

Samad Samana de Jefferies Group highlighted potential “international expansion, newer solutions, and cross-sell deals from recent mergers and acquisitions” as cards up Twilio’s sleeve. In addition, the company’s management is convinced that they can achieve growth of 30% or more in the coming years.

Samana has rated the shares as a buy and assigned a target price of $360 per share.

The highest-rated analyst mentioned that 52% of the company’s revenue came from its messaging segment in 2021, which has been driving top profits and attracting customers to other products. In addition, the company has been expanding its workforce and has hired more experienced sales representatives. (Watch Twilio Stock Charts in TipRanks)

Some telecom giants like Verizon (VZ), AT&T (T), and T-Mobile (TMUS) introduced registration fees for app-to-person messaging, causing a slowdown in Twilio customer onboarding. However, TWLO has tried to simplify this process. Samana believes this particular hurdle is simply a short-term speed bump.

On TipRanks, Samana is ranked #433 out of nearly 8,000 analysts. He made the right call by rating stocks 54% of the time and averaged returns of 28% per rating.

Metaplatforms

The United States and the European Commission recently announced new guidelines for transfers of personal data from the EU to the US, known as the Transatlantic Data Privacy Framework.

For now, Metaplatforms(full board), remains in a regulatory safe zone and should continue to reap benefits from ad spending trends, according to Brian White of Monness, Crespi, Hardt & Co.

He said FB’s monetization opportunities in the metaverse remain plentiful, and its involvement in the larger digital transformation will provide it with tailwinds. (Watch Website visits from metaplatforms in TipRanks)

White rated the stock as Buy and stated a price target of $375 per share.

The analyst said that while the regulatory scrutiny is something investors will have to digest, if Meta is to comply with the newly agreed stipulations, it will avoid being fined or taken to court. all the crux of the Digital Markets Law is to “end the dominance of Big Tech” and “control the power of the world’s digital gatekeepers”, so naturally FB is in the spotlight.

Considering that Meta is over 40% off from its September 2021 highs, the stock looks quite attractive for White. He added that the firm has some of the “highest operating margins in our hedging universe” and should trade at a premium.

On TipRanks, White is ranked 112th out of just under 8,000 expert financial analysts. He maintains a current success rate of 72% and has returned a 33.9% average on his grades.

Micron

Semiconductor supply chains have suffered, but micron technology‘s (MU) The product cycle of dynamic random access memory, or DRAM, is proving to be a significant tailwind for the chip company.

hans mosesmann Rosenblatt Securities released his views on the stock after it recently reported quarterly earnings, noting that the chipmaker outperformed and increased its revenue guidance and now expects to expand gross margins for the coming quarter. These metrics come even as the company has been battling inflationary headwinds and component shortages. (Watch Micron Technology Earnings Data in TipRanks)

Mosesmann called the stock a buy and provided a price target of $165.

For DRAM, the analyst argued that “The mother of all cycles” can only be enabled with DRAM technology and that Micron is constantly supplying it.

The analyst wrote that the company “remains our best cyclical play in the semis,” adding that “secular drivers like AI, Edge computing, data center growth, and 5G network deployments are creating opportunities for Micron.” .

In addition to the company’s positive earnings, outlook and various growth levers, Mosesmann highlighted the interim financial directorWho do you think should stay on paper?

Out of nearly 8,000 analysts, Mosesmann ranks fifth in TipRanks. He has been correct in rating stocks 84% โ€‹โ€‹of the time and has averaged 77.9% on each of his picks.

Amazon

One of the world’s largest companies and retailers is expected to have huge growth prospects and be cheap. Mark Mahaney Evercore ISI recently highlighted four main reasons why Amazon (AMZN) remains an attractive investment.

His factors included from amazon “underrated elements,” which included consumer interest in fast shipping, the company’s isolated advertising business, grocery potential, and an overall discounted valuation. (Watch Amazon.com Hedge Fund Activity in TipRanks)

Mahaney maintained a buy recommendation on the stock and offered a price target of $4,300 per share.

The analyst noted that the company has expanded its storage capacity by 350 million square feet during 2020 and 2021. This brings Amazon closer to its consumer. Additionally, AMZN has doubled its “same-day supershipping” capabilities in the past six months, as consumers have expressed keen interest in five-hour shipping rates.

Regarding the conglomerate’s ad business, the analyst noted that because of Amazon’s “closed-loop ecosystem,” it is largely insulated from “privacy-driven ad attribution headwinds.” The e-commerce giant has also been increasing its advertising assets, such as the Fire TV platform, and its brand awareness in third-party entertainment entities.

Regarding Amazon’s grocery frontier, Mahaney reported that “Just Walk Out” technology is a game changer and is now being integrated into new locations, albeit slowly. Groceries represent the largest consumer spending category. For Amazon, this indicates a huge total addressable market to capitalize on over time.

TipRanks has a database of almost 8,000 analysts, in which Mahaney is ranked 387th. He maintains a 55% success rate and has averaged a 25.3% return on his ratings.

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