One Nasdaq stock where Wall Street is particularly bullish is Amazon ( AMZN 2.08%), one of only a handful of trillion-dollar companies. Of the 70 analysts following Amazon, 94% rate the stock a buy and the rest rate the stock a hold. Not one analyst recommends selling right now.

U.S. stock indexes got back to climbing on Wednesday after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. The S&P 500 rose 0.8% to break its first two-day losing streak in nearly a month and finished just short of its all-time high.

US stocks rallied on Wednesday, led by Big Tech, as investors digested another month of sticky inflation data that met economists' expectations and likely pointed to a Federal Reserve interest rate cut next week.