NASDAQ Composite has gained around 314 points in 2015, which is a 6.6% upside movement YTD. Many tech companies contributed towards this NASDAQ growth. But these four tech giants are considered as the 4 horsemen of the NASDAQ; Apple Inc. (NASDAQ:AAPL), Amazon.com, Inc. (NASDAQ:AMZN), Microsoft Corporation (NASDAQ:MSFT) and Google Inc (NASDAQ:GOOGL). All these companies had a very different stock performance pattern in 2015.
Amazon.com, Inc. (NASDAQ:AMZN) had a terrific year and best among the four companies with more than 45% growth in 2015. Amazon.com, Inc. (NASDAQ:AMZN) falls second in YTD growth among the NASDAQ stocks, only behind Netflix, Inc. (NASDAQ:NFLX) which had a 63% growth YTD. On the other hand, Apple Inc. (NASDAQ:AAPL) had around 16% growth in 2015. Many analysts root for Apple Inc. (NASDAQ:AAPL)’s smartwatch to be a success and its stock go further higher. Google Inc (NASDAQ:GOOGL) stock had around 7% growth in 2015. Google Inc (NASDAQ:GOOGL) also had a 3% upside movement post its earnings report on Friday. Finally, Microsoft Corporation (NASDAQ:MSFT) is the only stock which had quite period in 2015 among the four. Microsoft Corporation (NASDAQ:MSFT) stock grew by just 1.81% in 2015, thanks to its strong earnings report. Oppenheimer & Co. Managing Director, Jason Helfstein and Monness, Crespi, Hardt & Co. Equity Analyst, James Cakmak talked on CNBC about these four stocks and who they think has performed well in 2015 so far.
Cakmak said that the surprise of NASDAQ this year is Amazon. He pointed out that Amazon’s stock has been left dead for most part of 2014. He said that company had reported disappointing results and earnings for few quarter, but he thinks that Amazon had reported a very strong earnings in the last two quarters, which effected the turnaround for the e-commerce giant.
“[..] the thing that we did this week was we upgraded the stock right before the quarter. Because this is the first time we felt that we had a catalytic events by peeling the onion back and see what the Amazon web services business was doing,” Cakmak said.
Helfstein said that his firm had ‘outperform’ rating on Amazon stock for a while. He feels that on a deeper look Amazon was a real player in web service business almost a year back. He mentioned that Amazon is taking away the web services market share from legacy web service companies like Microsoft and Oracle.
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