Today, Tony Ciero, CFA and CFP and Jim Cramer - Mad Money commented about whether WEN, MP, WBD, LLY, MAR, ELF, BROS, PINS, MCD, DIS, PFE, CAT, DD, PLTR, BRK.B, AMZN, RY.TO, RCI.B.TO, TD.TO, ADBE, CM.TO, TOU.TO, FM.TO, TECK.B.TO, ARX.TO, AVGO, NVDA, FTS.TO, NPI.TO, BBU.UN.TO, BN.TO, AAPL, IBM, SU.TO, V, MA, JPM, COF, GOOG, MSFT, ENB.TO are stocks to buy or sell.
Yes, those earnings were disappointing. Still came ahead of what was expected, but not to the same tune as MSFT's or GOOG's. Just a matter of time before it ramps up again. Will continue spending on data centres, and this will pay off.
Sees a parallel to Q2 earnings for MSFT last year. Azure disappointed, stock dropped ~10-15%. Since then, it's up ~25-30%. Same thing should happen to AMZN in about a year.
This is the one of the group that's going to do the best going forward. With an understanding of tariffs going forward, AMZN will price accordingly; so the e-commerce side of the business will be more refined and its outlook better. No dividend.
Main reason to invest today is its purchase of HSBC Canada a year or so ago. Analysts haven't yet fully priced in the synergies from that acquisition. It now has more of a global platform. More global capabilities means you attract more global investors and more recurring revenues.
(Analysts’ price target is $189.66)Interprovincial barriers coming down in Canada and a higher infrastructure spend will promote growth in Canada, and the banks will benefit. Yield is 3.50%.