This Analyst Sees Upside Potential In Alphabet, Twitter and Amazon

On CNBC's "Power Lunch," Victor Anthony of Aegis said investors have been questioning Alphabet's GOOGL growth story since it missed on its first-quarter expectations, but that was soundly refuted in the second-quarter numbers that came out on Thursday.

The quarter showed accelerating growth on almost all items, explained Anthony. He sees growth, disclosure on the cloud business and a new buyback as key drivers for the stock's sharp move higher. Anthony is bullish on the stock and he sees a potential 10% upside.

Anthony also commented on Twitter Inc TWTR and its earnings results. He thinks it has become a better product for users and advertisers. He sees more upside in terms of ad loads and increased usage. Anthony has a Buy rating for Twitter with a price target of $48.

Amazon.com, Inc. AMZN missed on earnings, but Anthony is not worried. He didn't see anything in the report that would make him concerned about the longer-term health of Amazon. The retail business continues to grow, Prime membership is growing and the company is still the leader. Anthony also has a Buy rating for Amazon with a price target of $2,250.