Amazon, Alibaba Named Top Internet Picks For 2017 At Evercore ISI
Evercore ISI Ken Sena looked ahead to what 2017 may likely bring in the Internet space, saying he believes scale in audience and infrastructure will continue to matter most.
In that context, he called Amazon (AMZN) his top pick, seeing it as best positioned to leverage the growing data science trend. Alibaba (BABA), which he sees as a very attractive China ecommerce story with 440M active buyers, is another preferred recommendation, said Sena, who also listed Facebook (FB), Alphabet (GOOG), JD.com (JD), Priceline (PCLN) and Tencent (TCEHY) as additional buys in the coming year.
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Thanks for sharing. Happy New Year
Thanks for sharing. Happy New Year