As the Q2 earnings season approaches, Amazon.com Inc (NASDAQ:AMZN), Uber Technologies Inc (NASDAQ:UBER), and Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), Google’s parent company, are emerging as standout picks. JPMorgan analyst Doug Anmuth highlights Amazon, Uber, and Google as top picks as we approach the Q2 2024 earnings season. Despite the mixed performance of the internet sector so far this year, Anmuth remains optimistic about these large-cap names, even as some concerns about elevated expectations and potential consumer spending slowdowns in the second half of the year persist. Let’s dive into what makes each of these stocks the analysts’ top picks: Amazon: Steady Growth and Strong Free Cash Flow Amazon remains Anmuth's favorite stock, both in the near and long term. The company is well-positioned for continued growth in its core areas, including Amazon Web Services (AWS) and its retail operations. Anmuth anticipates a near-term acceleration in AWS, with a projected 20% growth in Q4 2024, driven by easing optimizations, new workload migrations, and the ramping of GenAI monetization. He expects Amazon's North America operating income (OI) margin to expand by 190 basis points in 2024, supported by improvements in shipping and inventory placement, automation, and advertising. Amazon's free cash flow is ...