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Barchart
Barchart
Ruchi Gupta

Analysts Call This FAANG Stock a Top Pick for 2024

FAANG Amazon Amazon.com Inc. John Blackledge Mark Shmulik

As year-end approaches, analysts are coming out with their top predictions and stock picks for the 2024 market - and it's quite a mixed bag so far. While Goldman Sachs (GS) on Monday upped its 2024 forecast for the S&P 500 Index ($SPX), analysts at Morgan Stanley (MS) are expecting the benchmark equity index to decline through the next calendar year.

However, there's one mega-cap stock that Wall Street analysts seem to agree is a top stock to buy heading into 2024. Here's a closer look at the FAANG stock that's attracting high praise as a standout investment for 2024.

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