Amazon.com, Inc. (AMZN), Meta Platforms, Inc. (META) Delivered the Best Earnings Among the Mag 7, Prominent Investor Says

Amazon.com, Inc. (AMZN) and Meta Platforms, Inc. (META) reported the best financial results during the current earnings season among the Mag 7,  Stephanie Link, the Head of Investment Solutions at Hightower Advisors said yesterday on CNBC.

What's more, the strength of the companies' financial results was not appreciated at the time, the well-known investor said.

Link reported that she is continuing to buy both AMZN stock and Meta Platforms, Inc. (META) stock.

Link's Bullish Take on Amazon.com, Inc. (AMZN)

Amazon.com, Inc. (AMZN) stock fell in the wake of the tech giant's results because it provided conservative guidance, Link said. But the conglomerate's operating margins increased, and its retail unit continues to gain market share, she said.

Further, if "the economy continues to chug along and the consumer doesn't die," AMZN is likely to attract more positive attention from investors, Link contended.

Link's Bullish Take on Meta Platforms, Inc. (META)

The high quality of META's first-quarter earnings were even more underappreciated than those of Amazon.com, Inc. (AMZN), the investor asserted. Also importantly, Meta Platforms, Inc. (META) was still changing hands at a forward price-earnings ratio of just 17, while its margins and its revenues are both increasing, Link noted.

Link's Bottom Line on AMZN and META

The two names' "fundamentals are still so incredibly strong even in a challenging environment," Link said.

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Disclosure: The author owns shares of AMZN but has no intention of trading them in the next 48 hours. This article is originally published at Insider Monkey.