Wall Street analysts are bullish on stocks like Nio & Amazon

Stocks ended the first quarter on an upbeat note, but investors should keep an eye on their long-term goals.

Worries about inflation, Federal Reserve rate hikes, and the conflict between Russia and Ukraine have rocked markets in the first three months of 2022. However, keeping a long-term view remains the best bet. to stay calm and collected, especially when picking stocks.

Some of Wall Street’s most accurate pundits have ticked five stocks over the long term, according to TipRanks, which tracks the best performing analysts.

Here are the companies that caught the attention of analysts this week.

Supply-side constraints and a general tightening of economic activity have dampened high-growth and tech names, and for Nio (NIO), investors’ aversion to China-based stocks has not benefited the company.

The EV automaker is down more than 30% year-to-date, though that only makes the stock more attractive, according to Vijay Rakesh by Mizuho Securities. He said that near-term difficulties do not reflect the company’s fundamentals nor its outlook.

Ranked Rakesh NIO buy, but he slightly lowers his price target to $60 from $65.

The analyst asserts that Nio “is well-positioned for long-term growth with a focus on R&D, leads in premium EVs, accelerates EV penetration in China, is conducting global expansion, and has possibility of a mass market launch in 2022-23.” He expects the company to increase production in the second half of the year.

Nio is expected to grow its presence in the European market, expanding into Germany, Denmark, Sweden and the Netherlands. Rakesh doesn’t expect the company to give up its senior EV leadership position anytime soon.

Several factors have negatively affected Nio’s output year-to-date, including the earthquake in Japan and the increase in Covid-19 restrictions in China. (To watch Nio . Risk Analysis on TipRanks)

There are almost 8,000 financial analysts on TipRanks, of which Rakesh is ranked at number 31. He was right in rating the stock 72% of the time, and he returned an average of 49.2% for each. .

Twilio (TWLO) has seen its share price drop about 35% year-to-date, but not counting out of stock. The software company still has some long-term growth levers to pull.

Samad Samana of Jefferies Group credits Twilio’s “international expansion, newer solutions, and add-on offerings from recent mergers and acquisitions” as strengths. In addition, the company’s management believes they can grow by 30% or more in the next few years.

Samana rates the stock as a buy, and he has specified a target price of $360 per share.

The top-rated analyst mentioned that 52% of the company’s revenue will come from messaging in 2021, which has boosted gross margins and pulled customers into other products. Furthermore, the company has been expanding its workforce and recruiting more experienced sales representatives. (To watch Twilio . stock chart on TipRanks)

Some telecom giants like Verizon (VZ), AT&T (BILLION) and T-Mobile (TMUS) introduced subscription fees for the messaging app with users, which caused a slowdown in Twilio’s customer reach. However, TWLO has made efforts to streamline this process. Samana believes that this particular obstacle is only a short-term obstacle.

On TipRanks, Samana holds the 433th place out of almost 8,000 analysts. He made the right call rating the stock 54% of the time, and he has received an average return of 28% on each rating.

The United States and the European Commission recently announced New guidelines for transferring personal data from the EU to the US, known as the Transatlantic Data Privacy Framework.

And now, Meta . Platform(Facebook), remains within the regulatory comfort zone and will continue to benefit from ad spend trends, according to Brian White of Monness, Crespi, Hardt & Co.

He said that FB’s monetization opportunities in the metaverse are still numerous, and that participating in the larger digital transformation will present it with favorable opportunities. (To watch Meta . Platform Website Visits on TipRanks)

White rates the stock as Buy and he claims a price target of $375 per share.

The analyst said that while regulatory oversight is something investors will have to consider, if Meta complies with the newly agreed upon regulations, it will avoid fines or court proceedings. The whole point of Digital Markets Act is to put “end to Big Tech domination” and “Power the world’s digital gatekeepers”, so FB is the focus.

Considering Meta is down more than 40% from its peak in September 2021, the stock looks pretty attractive to White. He added that the company has some of the “highest operating margins in our coverage” and that it will trade at a premium.

On TipRanks, White holds 112th place out of nearly 8,000 other professional financial analysts. He maintains his current success rate of 72% and he has averaged 33.9% from his ratings.

The semiconductor supply chain has been affected, but Micron Technologybelong to (MU) Dynamic random access memory, or DRAM, product cycle is proving to be a significant windfall for the chip company.

Hans Mosesmann of Rosenblatt Securities released its opinion on the stock after it recently reported its quarterly earnings, noting that the chipmaker beat and rose on revenue guidance and is now expect gross margin expansion in the next quarter. These metrics come in handy even as the company is facing difficulties in terms of inflation and component shortages. (To watch Earning data from Micron . technology on TipRanks)

Mosesmann rates the stock as a buy, and he has a price target of $165.

As for DRAM, the analyst argues that the “Mother of All Cycles” can only be enabled with DRAM technology, and Micron is steadily providing this.

The analyst writes that the company “remains in our best cyclical role in the semi-finals,” adding that “secular drivers like AI, edge computing, data center growth, and deployment 5G networks are creating opportunities for Micron.”

In addition to the company’s positive earnings, outlook and various growth levers, Mosesmann highlighted Micron’s interim chief financial officerwho he believes will stay in the role.

Out of nearly 8,000 analysts, Mosesmann ranks 5th on TipRanks. He was right in rating the stock 84% of the time, and he returned an average of 77.9% on each of his options.

One of the world’s largest companies and retailers is predicted to have great growth prospects and low prices. Mark Mahaney of Evercore ISI recently highlighted four core reasons why Amazon (AMZN) remains an attractive investment.

His elements stretch Amazon’s “underrated factors,” including consumer interest in fast shipping, the company’s insulation advertising business, grocery potential, and discounted valuations say shared. (To watch Amazon.com hedge fund performance on TipRanks)

Mahaney maintains a buy rating on the stock and he has a price target of $4,300 per share.

The analyst noted that the company expanded warehouse capacity by 350 million square feet in 2020 and 2021. This brings Amazon closer to consumers. Furthermore, AMZN has doubled its “super day shipping” capacity over the past six months, as consumers express a keen interest in five-hour shipping rates.

Regarding the group’s ad business, the analyst noted that because of Amazon’s “closed-loop ecosystem”, it is largely insulated from “security-driven ad allocation winds.” The e-commerce giant is also integrating its advertising assets such as its Fire TV platform and brand awareness across third-party entertainment entities.

On Amazon’s grocery frontier, Mahaney reports that “Just Walk Out” technology is game-changing and is now being integrated in new locations, albeit slowly. Grocery stores represent the largest category of consumer spending. For Amazon, this represents a massive total addressable market to leverage over time.

TipRanks has a database of nearly 8,000 analysts, where Mahaney ranks 387th. He maintains a success rate of 55% and he has earned an average of 25.3% from his ratings.