
Amazon.com Inc (NASDAQ:AMZN) is set to announce its quarterly results after the market closes Thursday. Sand Hill Global Advisors' Brenda Vingiello thinks the stock could be positioned for upside ahead of its report after underperforming the market for more than a year.
Vingiello expects Amazon to report strong cloud revenue, similar to what Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) reported on Tuesday.