Why the tech stock rally may only be starting [Yahoo! Finance]
Amazon.com, Inc. (AMZN)
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Source: Yahoo! Finance
The Nasdaq Composite ( ^IXIC ) entered Monday's session on a 13-day win streak. According to veteran strategist and Trivariate Research founder Adam Parker, this has happened six times since 1989. In four out of the six periods, tech performed well after notching such a hot 13-session run, averaging a three-month forward return of 5.4%. The best performance came around the COVID-19 pandemic in April 2020, as seen below. It's still a tech stock world. · Trivariate Research "Our view looking at this is that we should be more bullish on the technology sector, evaluating the history of the strong earnings growth forecasts and the sharp market trading reversal," Parker said. But the reason to stay bullish on tech stocks isn't just a function of statistical quirks. The reality is that the ongoing AI boom will help drive strong earnings growth for everyone from chipmaker Nvidia ( NVDA ) to AWS owner Amazon ( AMZN The sector's 24-month forward earnings growth is "too high for tec
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AMZN
Earnings
- 2/5/26 - Miss
AMZN
Sec Filings
- 4/17/26 - Form 144
- 4/16/26 - Form 4
- 4/14/26 - Form 144
- AMZN's page on the SEC website