stock market softened By the end of 2024, stocks fell amid more cautious Federal Reserve policies and lingering concerns about inflation. However, although some investors hesitateothers see this decline as an opportunity buy strong shares at attractive prices.
An easy way to find opportunities? Watch for analysts raising their price targets, as this signals growing confidence in the company’s ability to deliver outsized earnings. In the technological spacethree names stand out in particular: Metaplatforms, Amazon and Alphabet. Each recently received notable price target increases. in recent weeksreflecting expectations for a strong start to 2025.
If Are you ready to look beyond the short-term noise and set your portfolio up for success?these tech leaders deserve your attention. Let’s get down to business and see why.
Why Analysts Are Still Bullish on Meta Stocks
Meta Platforms stock forecast today
$640.20
Growth potential 7.60%Moderate purchase
Based on ratings from 43 analysts
| High forecast | $811.00 |
|---|---|
| Average forecast | $640.20 |
| Low forecast | $360.00 |
Meta Platforms stock forecast details
Meta platforms NASDAQ: META Although they’ve been sold off in the new year, shares of social media king Meta hit an all-time high back in the middle of last month. Overall, 2024 was a stellar year for them. benefits over 70%, making them outstanding performers.
However, for those who were worried that they may have missed the boat, the 8% drop over the past two weeks may be a welcome sight. This has brought Meta shares back to trading on a strong support line, and in recent weeks several analysts have called for a return to further gains in the near future.
Take JPMorgan Chase, for example. A week before Christmas, the company reaffirmed its “outperform” rating on the stock while simultaneously raising his target price is up to US$725.. Of the $585 Meta shares were installed from the start of 2025, this indicates a target growth potential of almost 25%.
Amazon’s impressive 180% growth in 2024
Amazon.com stock forecast today
$243.00
Growth potential 10.73%Moderate purchase
Based on ratings from 44 analysts
| High forecast | $290.00 |
|---|---|
| Average forecast | $243.00 |
| Low forecast | $186.00 |
Amazon.com Stock Forecast Details
Amazon.com Inc. NASDAQ:AMZN Shares of e-commerce and cloud computing giant Amazon have had a similar year to Meta. By the middle of last month they had recorded a rise of more than 180% for 2024 alone, before they also fell in the last few days of the year.
However, companies such as UBS Group, JMP Securities and Tigress Financial, to name a few, have reiterated their buy ratings on Amazon shares over the past two weeks. Tigress in particular views this decline as more than some short-term profit-taking driven by a slightly more cautious market following the Fed report.
Their target price is $290.up from $245 speaks volumes and points to a target upside of more than 30% from Amazon’s New Year’s Eve closing price.
Bank of America and JPMorgan buy Alphabet again
Alphabet stock forecast for today
$206.69
Growth potential 9.46%Moderate purchase
Based on ratings from 42 analysts
| High forecast | $240.00 |
|---|---|
| Average forecast | $206.69 |
| Low forecast | $165.00 |
Alphabet stock forecast details
Alphabet Inc. NASDAQ: GOOGLE It’s no surprise that the last tech titan on our list also posted a super-strong 2024. Alphabet shares hit a record high in December as part of a rally that at one point saw them rise more than 135%.
While it will be frustrating for investors to see them lose some gains heading into the new year, for those of us on the sidelines, this could be the entry opportunity we’ve been waiting for. Just last week, Bank of America reaffirmed its Buy rating on Alphabet shares, as did JPMorgan & Chase, which also upgraded its Buy rating on Alphabet shares. target price up up to $232.
This close to the street high and bodes well for Alphabet’s prospects heading into the new year. Given that they ended 2024 just below the $190 mark, JPMorgan & Chase’s new price target sees them rising more than 20% in the coming weeks.
Before you consider metaplatforms, you should hear this.
MarketBeat tracks Wall Street’s top-rated and best-performing analysts daily and the stocks they recommend to their clients. MarketBeat has identified five stocks that top analysts are quietly whispering to their clients to buy now, before the broader market takes hold… and Meta Platforms wasn’t on the list.
While Meta Platforms currently has a Moderate Buy rating among analysts, the top-rated analysts consider these five stocks to be Strong Buys.
View five stocks here
Want to avoid the hassle of mud, volatility and uncertainty? You’ll have to exit the market, and that’s not sustainable. So where should investors invest their money? Find out in this report.
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