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
With the market in a correction, it’s a good idea to have a cautious investing strategy. Still, stocks that are currently forming bases and providing add-on opportunities deserve a watchful eye. Five top-rated Internet stocks featured in today’s Screen of the Day, Big Cap Leaders, could be setting up for buying opportunities: Facebook (FB), LinkedIn (LNKD), Alphabet (GOOGL), Alibaba (BABA) and NetEase (NTES). Social Stocks Basing Facebook is
A who’s who of tech leaders, including Tesla Motors (TSLA) founder Elon Musk and LinkedIn (LNKD) co-founder Reid Hoffman, are backing the creation of a nonprofit artificial intelligence research company that has $1 billion in funding commitments. “Our goal is to advance digital intelligence in the way that is most likely to benefit humanity as a whole, unconstrained by a need to generate financial return,” according to a blog post announcing the