TheStreet’s Growth Seeker Reveals His 4 Top ‘Cocktail’ Stocks

Amazon.com (AMZN) - Get Report nabbed a $1,000 price target from a Wall Street analyst on the same day it launched a video-service to rival Alphabet's (GOOGL) - Get Report YouTube. Christopher Versace, TheStreet's Growth Seeker portfolio manager, said the online retail giant has the momentum to get there - and then blow by it. 'Amazon.com is a play on the connected society and it is benefiting from the uptick in mobile commerce,' said Versace. 'They are expanding their cloud business in the Fortune 500 and that will fatten their margins as well.' Shares of Amazon.com are up 3.5 percent thus far in 2016 to $700 a share. On Tuesday Sanford Bernstein analyst Carlos Kirjner raised his price target on the stock to $1,000, saying the online retailing giant 'may see margins expand much faster than they have in the next two years than they have in the last two'. Versace is also bullish on Costco (COST) - Get Report , down 7.5 percent thus far in 2016, saying the consumer may be employed, but is still looking to 'stretch every dollar'.