Was Joseph Samuels’s Islet Management Right About These 5 Stocks?

2. Amazon.com, Inc. (NASDAQ:AMZN)

Islet Management’s Stake Value: $68,803,000 

Stock performance over the past 12 months through November 27: -47%

On November 10, Ivan Feinseth at Tigress Financials increased the price target on Amazon.com, Inc. (NASDAQ:AMZN) from $4,370 to $4,460 and reiterated a Buy rating. This reflects an upside potential of over 26% from the current stock price. The analyst believes that Amazon.com, Inc. (NASDAQ:AMZN) is in a position to face the supply chain headwinds during the 2021 holiday season and still deliver impeccable numbers after the expected record-breaking season. To further build on this, Amazon.com, Inc. (NASDAQ:AMZN) is also expected to deliver strong sales growth in 2022 as well.

Polen Capital discussed its views on Amazon.com Inc. (NASDAQ:AMZN) in its Q3 2021 investor letter. Here’s what the investment management firm said:

“Amazon has also lagged as its revenue growth is slowing on the very difficult comparisons from last year when this behemoth was growing revenue by over 40%. We still expect exceptional long-term growth and significant margin expansion as the fastest growing (and now large) segments of Amazon are also generating the highest margins.”