Analysis

Market Analysts Highlight Amazon and Other Top S&P 500 Stocks to Buy Now

Published June 18, 2024

While market experts are often seen cautioning investors about which S&P 500 stocks to steer clear of, they are just as vocal about spotlighting stocks they deem to be must-buys. Analyst consensus is putting a spotlight on a select group of S&P 500 stocks, signaling them out as particularly advantageous picks for investors. Among these, AMZN (Amazon.com Inc.), DAL (Delta Air Lines Inc.), and MSFT (Microsoft Corporation) are drawing significant attention with a high concentration of buy ratings.

Diving Into The Recommended Stocks

Tech giant MSFT, known for its wide array of products including Windows operating systems, the Office suite, and its Surface personal computers, continues to make waves in the industry. With a storied history that includes achieving the position of the largest software maker by revenue as of 2016 and a spot on the Fortune 500 list at No. 21 in 2020, MSFT remains a formidable force in the global tech scene. Furthermore, its inclusion in the prestigious group of the Big Five in the U.S. IT sector underscores its impact and robust market position.

On the aviation front, DAL stands as one of the United States' key legacy carriers, rooted in Atlanta, Georgia. As a major airline, Delta's significance to the S&P 500 list is a testament to its endurance and capacity to navigate the complex and ever-changing landscape of the airline industry.

Investment analysts are not just indiscriminately tagging any S&P 500 company as a 'buy'. It's clear that the companies they favor, such as AMZN, DAL, and MSFT, are backed by strong financials, solid business models, and a track record of resilience and innovation—factors that can make them attractive to investors in such a volatile market environment.

Stocks, Investment, Analysis