Stephanie Link: 'Amazon's Market Share is Soaring' – Insights On Amazon, Palo Alto Networks, Target & Nextera Energy

What To Know: Link highlighted Amazon's expanding market share, which grew by 410 basis points last quarter, with improving profitability. She expects further acceleration in the latter half of the year despite capacity constraints.

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On Palo Alto Networks, she sees a $15 billion annualized revenue opportunity in platformization and views it as a stronger long-term play compared to CrowdStrike Holdings Inc (NASDAQ:CRWD), which she recently sold.

Target, down 24% since February, has struggled with product mix but is showing signs of recovery, particularly in discretionary spending. Link says sustained improvement could restore investor confidence.

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Meanwhile, she initiated a position in Nextera Energy, noting its historically high valuation but seeing an opportunity now that it trades at 18 times price-to-sales. She praised its joint venture with GE Vernova Inc (NYSE:GEV) in natural gas and data centers.

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Photo courtesy of Hightower Advisors

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