Analyst Recommends Buying Amazon, Lovesac, Disney, and Starbucks After Tech Selloff for Long-Term Growth
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Amazon is an unrivaled growth stock, with Amazon Web Services seeing sustained double-digit growth likely for years. AWS generates most of Amazon's profits despite being a fraction of revenue.
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Lovesac makes unique "sactional" modular couches targeting higher income consumers less affected by downturns. Its omnichannel sales and lower overhead lift margins.
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Walt Disney has major post-pandemic rebound potential in parks, films, and streaming, with the latter expected to reach profitability by end of 2024. Its brand power ensures premium pricing.
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Starbucks is enjoying a robust recovery in China after dropping zero-COVID policies. Its loyal customer base accepts above-inflation price hikes and drives mobile ordering growth.
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The article recommends buying these four stocks after the Nasdaq bear market dip, as they offer strong long-term growth potential that investors will regret missing out on.