Amazon Set for Strong Earnings, AMD Faces Tough Road Ahead

As we enter the first week of February, markets remain volatile due to ongoing concerns such as President Trump’s new trade tariffs and continued developments from the tech sector.

Investors are looking ahead to key reports, including the U.S. employment report on Friday, which could provide further clarity on the economy’s current state. For this week, there are two notable stock picks:

Stock to Buy: Amazon (AMZN)

Amazon stands out as a stock to buy this week. The company is set to report its fourth-quarter earnings on Thursday after the market closes, and analysts are expecting strong results.

Amazon’s cloud computing dominance and continued operational efficiencies are likely to contribute to a solid performance.

The company has been expanding its Amazon Web Services (AWS) segment and improving its logistics, making it a strong pick for investors looking for stability and growth.

Stock to Sell: Advanced Micro Devices (AMD)

On the flip side, Advanced Micro Devices (AMD) is expected to face headwinds. The chipmaker has been hit by increased competition and several analyst downgrades in recent weeks.

With rising challenges in the semiconductor industry and stronger competition from Intel and Nvidia, it might be a good idea to avoid AMD this week as it could experience downside pressure in the near term.

As earnings season continues, with tech giants like Alphabet and Qualcomm also reporting this week, investors should keep an eye on market reactions and adjust their portfolios accordingly.