Wall Street Loves This Magnificent 7 Stock, but My Data Doesn’t
In early 2024 trading, five analysts already named Amazon.com (AMZN) as a top pick, according to CNBC. Of 55 analysts with a rating on AMZN, only one is “hold.” The other 54 are “strong buy” or “buy.” I just don’t see it. Or, more precisely, my data doesn’t see it. And since my Quantum Edge system wins about 70% of the time and has outperformed the broader market by 7-to-1 over three decades of data, I’m more confident in my data than prognostications.
