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Barchart
Sristi Suman Jayaswal

2 Mega-Cap Tech Stocks to Grab This June

Netflix NFLX Wamsi Mohan AAPL Apple Evercore

The technology sector is poised for substantial growth in a world brimming with cutting-edge innovations. Within this space, mega-cap stocks are the heavyweights with market caps over $200 billion. These companies, known for their strong financials and global reach, are prominently featured in benchmark equity indexes like the S&P 500 Index ($SPX) and the Nasdaq-100 Index ($IUXX).

Among these giants, Netflix, Inc. (NFLX) and Apple Inc. (AAPL) haven’t racked up the biggest YTD gains in 2024, but they’re still attracting bullish attention from analysts. Evercore ISI Group recently tagged Netflix with a “small buy” due to its solid financial standing. Meanwhile, Bank of America (BAC) analyst Wamsi Mohan maintained his “Outperform” rating on Apple as anticipation builds for the June 10 Worldwide Developer Conference (WWDC).

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