Opportunities Rise in Big Tech Amid Market Meltdown

Investors looking for bargains in today’s market have their pick right now. This may be a good time to look at companies that dominate their industry now, as a rebound will likely make a leader prohibitively expensive to buy later.

  • Special: See What One Ticker... One Trade... EVERY WEEK...Can Do for YOU
  • With a market drop heavily focused on the tech space, this may represent the best opportunity for buying big tech names for some time to come.

    One such opportunity right now is Amazon (AMZN). While shares fared well during the pandemic, the stock is now down 13 percent over the past year, massively underperforming the S&P 500.

    Revenue at the internet retailer and web hosting services company is up 15 percent over the past year. And while the company tends to be hit or miss on earnings, the firm’s focus on being a big winner in any market it competes in will make it a continued winner for years to come, which may explain why analysts remain bullish on the stock.

    Action to take: Shares look worth buying here with a market rebound in the next few weeks and into the next few years in mind. Investors won’t get a dividend with shares, but could end up outperforming the stock market over the next year after last year’s underperformance.

  • Special: 1 New Trade. Each Week. 80% Win Rate Guarantee. Get the Details Here.
  • Traders may like the June $3,500 calls. Last going for about $51, or $5,100 for a contract, the option has been beaten heavily down in recent sessions. While it may not move in-the-money before expiration, a rebound in the coming weeks could lead to mid-to-high double-digit returns.


    Disclosure: The author of this article has a position in the company mentioned here, and may further trade after the next 72 hours. The author receives no compensation from any of the companies mentioned in this article.


  • Special: See What One Ticker... One Trade... EVERY WEEK...Can Do for YOU
  • [wp-post-author image-layout="round"]