Facebook (FB) and Google each received a price-target boost from Credit Suisse on Friday, which cited new products ahead and strong performance by existing ones. Credit Suisse hiked its price target on Facebook stock to 116 from 110 and maintained an outperform rating. It raised its target on Google stock (now a division of Alphabet (GOOGL) to 815 from 750. As for Facebook, Credit Suisse analyst Stephen Ju wrote in his research report that the new
It could itself be the subject of future books, a decade-long legal battle pitting Internet search leader Google against authors, in what could be a landmark case. And a key chapter — perhaps the final one — will soon be written. By year-end, Google (now a division of Alphabet (GOOGL) could hear whether it has prevailed in a lawsuit filed a decade ago by authors who objected to Google electronically scanning millions of older or out-of-print books
As baseball postseason gets underway, consider the similarities between “Moneyball” sabermetrics and successful investing. Both emphasize statistics over gut instinct to maximize the chance of success. Just as batters shouldn’t swing at wild pitches, investors should wait for the right stock at the right time before taking a swing for the fences. Facebook (FB), Google parent Alphabet (GOOGL) and Starbucks (SBUX) are all heavy hitters. They’re on the