Market Overview

This Analyst Sees Upside Potential In Alphabet, Twitter and Amazon


On CNBC's "Power Lunch," Victor Anthony of Aegis said investors have been questioning Alphabet's (NASDAQ: GOOGL) growth story since it missed on its first-quarter expectations, but that was soundly refuted in the second-quarter numbers that came out on Thursday.

The quarter showed accelerating growth on almost all items, explained Anthony. He sees growth, disclosure on the cloud business and a new buyback as key drivers for the stock's sharp move higher. Anthony is bullish on the stock and he sees a potential 10% upside.

Anthony also commented on Twitter Inc (NYSE: TWTR) and its earnings results. He thinks it has become a better product for users and advertisers. He sees more upside in terms of ad loads and increased usage. Anthony has a Buy rating for Twitter with a price target of $48., Inc. (NASDAQ: AMZN) missed on earnings, but Anthony is not worried. He didn't see anything in the report that would make him concerned about the longer-term health of Amazon. The retail business continues to grow, Prime membership is growing and the company is still the leader. Anthony also has a Buy rating for Amazon with a price target of $2,250.

Latest Ratings for AMZN

Sep 2019MaintainsOutperform
Aug 2019AssumesBuy
Jul 2019MaintainsOutperform

View More Analyst Ratings for AMZN
View the Latest Analyst Ratings

Posted-In: Aegis CNBC Power Lunch Victor AnthonyAnalyst Color Analyst Ratings Media


Related Articles (AMZN + GOOG)

View Comments and Join the Discussion!

Latest Ratings

HSKACanaccord GenuityMaintains75.0
AVGOMorgan StanleyMaintains265.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

Mike Khouw And Carter Worth's Invesco DB US Dollar Index Bullish Fund Trade

Dan Deming's XLF Options Trade