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
Internet television network Netflix (NFLX) has created a “virtuous cycle” with quality original shows and a best-in-class streaming platform that attracts and retains subscribers. Great programming and technology have led to high customer satisfaction, which translates to low subscriber churn, word-of-mouth marketing and a positive reputation with creative talent, Guggenheim Securities analyst Michael Morris said in a research report Wednesday.
Netflix (NFLX) scored more Golden Globe nominations this year than any other TV network, snagging eight nominations for its original shows like “Orange is the New Black” and “Narcos.” The Internet television network beat cable rival HBO, a unit of Time Warner (TWX), which earned seven nominations for shows like “Game of Thrones,” “Veep” and “Silicon Valley.” The nominations were announced Thursday by the Hollywood Foreign Press Association, which