Amazon (NASDAQ: AMZN) and Meta (NASDAQ: META) are pulling back from their Q3 2024 highs and providing a second chance for investors to load up. Up more than 30% and 55% YTD, respectively, these stocks are experiencing natural corrections within robust bull markets and providing entry points for new and follow-on investments.
The caveat is that the corrections could take their shares even lower, providing a more attractive entry, but the declines are likely to be small and short-lived relative to the trend. Both have the support of analysts and solid outlooks for 2025, including double-digit growth, widening margin, and the near certainty they will outperform their consensus estimates, which will support the price action and take it to new highs over time.
