Baird Bullish on Facebook Inc (FB), Alphabet Inc (GOOGL) and Amazon.com, Inc. (AMZN) After …

Analyst Colin Sebastian of Robert W. Baird recently commented on the technology trends and provided his top technology picks for 2016. His top picks for the new year include Facebook Inc (NASDAQ:FB), Alphabet Inc (NASDAQ:GOOGL), and Amazon.com, Inc. (NASDAQ:AMZN), giving them all an Outperform rating without a price target. Sebastian has a 73% success rate recommending stocks with an average return of 20% per rating when measured over a one year horizon. The analyst highlights several trends that he believes will dominate 2016, the first of which is online video substituting traditional TV ads. Sebastian credits this switch to “faster broadband, cheaper data plans, and fast-changing viewing habits.” According to the analyst, online video provides advertisers a better way to target their customers, and he sees a $10 billion market opportunity in the U.S.…


Link to Full Article: Baird Bullish on Facebook Inc (FB), Alphabet Inc (GOOGL) and Amazon.com, Inc. (AMZN) After …