StockStory Sees Growth Drivers at Amazon, Nvidia and Amgen

StockStory highlighted Amazon, Nvidia and Amgen as Dow Jones companies with long-term growth potential in an Oct. 2 article. Its case rests on different factors, including Amazon’s cloud business, Nvidia’s recent growth and Amgen’s cash generation.

For Amazon, StockStory cited revenue growth from its e-commerce operations and AWS, its cloud segment. It also pointed to earnings growth linked to infrastructure investments, while warning that the capital-intensive e-commerce business puts pressure on profitability. The article listed a share price of $248.83 and a forward price-to-earnings ratio of 27.4.

StockStory said Nvidia’s revenue grew 77.4% annually over the past two years, and that share repurchases helped earnings per share growth outpace revenue gains. It also cited a free cash flow margin of 42.5%. The article gave Nvidia a price of $231.49 and a forward P/E of 18.9.

For Amgen, the publisher cited a $38.1 billion revenue base, free cash flow and returns on capital. It said those factors could support investment or shareholder returns. The article listed Amgen at $408.04, with a forward P/E of 17.9.