Forget the Trump-led shift to financial stocks, the Internet sector still offers plenty of growth.
“This sector is (largely) about innovation over infrastructure…code over cement…and we think this has been and will continue to be a good recipe for investors…and the economy,” analyst Mark Mahaney and his team at RBC Capital Markets wrote in a note to clients on Thursday.
The firm names seven “core” Internet stocks: Amazon.com, Alibaba, Expedia,Facebook, Alphabet, Netflix, and Priceline. All but Alibaba and Priceline are in the Barron’s Next 50 -- the stocks we think matter most to millennials.
One of RBC’s top smaller Internet names is Yelp, which is also in the Next 50.
Mahaney sees 10 factors that could continue to drive Internet stocks higher, including the still-ongoing behavioral shift to mobile, the continued rise of cloud-based computing, the likelihood of more acquisitions, a surge in Internet-based video, and more transparent earnings reports.
Of the big Internet names, RBC ultimately whittles the list down to three stocks it likes the most: Netflix, Facebook, and Amazon.
Big Picture: Investors have been enamored by financial, industrial and healthcare stocks of late, but Internet stocks still represent the big growth opportunities.
Malaysia has declared 2017 The Year of Internet Digital Ecommerce.
This is the big growth opportunities for 2 Top Internet Related Stocks:
1) OPCOM - Optimal Coming Value
Opcom has secured Rm300 million job projects from Telekom. Already secured 30 cts solid profit for coming Special Dividends.
At today closing price of 60.5 cts (Net Cash Rm30 million) with possible dividend of 30 cts OPCOM should be valued around 90 cts
This Opcom is an outright buy till 70 cts. Just accumulate every month. A Sure Winner!
2) DRB HICOM
Cash of 13 cts already in the bag. From Rm280 million Price Gain of POS share price. Anything other profits will be added bonus: from sale of 8x8 defense tank, Proton Ertiga MPV and huge profits from Corwin sale. Apart from ECommerce DRB has puspakom as a monopoly. Bank Maumalat a rising Islamic Bank & other assets with total NTA of Rm3.16
And DRB has transformed itself into an ECommerce Setup through its 53.5% Subsidiary POS Office.
Assuming the lowest earnings of 13 cts from POS alone
These are the prices for DRB
At 13cts
P/E 10 = Rm1.30
P/E 15 = Rm1.95
P/E 20 = Rm2.60
Anything below Rm1.30 is an outright buy.
Regards,
Calvin
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Beza
Dreaming!
2016-12-20 08:49