For many investors, 2015 was the year of FANG stocks: Facebook (FB), Amazon.com (AMZN), Netflix (NFLX) and Google, now a unit of Alphabet (GOOGL). Investment bank RBC Capital Markets believes 2016 could be the year for BAGEL stocks: Alibaba (BABA), Amazon, Google, Expedia (EXPE) and LinkedIn (LNKD). As of Wednesday, the FANG stocks are up an average of 81% this year. RBC believes those companies as well as other large-cap Internet stocks like
Amazon.com (AMZN) has a stock chart that is undeniably great — shares have more than doubled in price this year, lurching to a new record seemingly every couple of months. And unlike some past years, when the company invested in growth at the bottom line’s expense, 2015 looks very profitable: Wall Street, according to a Thomson Reuters poll of analysts, expects an outsized 462% earnings gain for the year, with fourth-quarter
Amazon.com (AMZN) will remain a compelling investment opportunity through 2016, Cowen analyst John Blackledge wrote in a research note Wednesday. Both in the company’s e-tail business and its cloud computing business, Amazon Web Services (AWS), Blackledge says the company is going to continue to gain traction in 2016 — estimating earnings per share ex items will double to $10.64 from a predicted $5.69 in 2015. Blackledge also highlighted the