Bernstein initiates GOOG as BUY – 14% upside
“We believe that core information search, where GOOGL is the utility, still has enough growth in the 13-15% YoY range to provide a safe floor, while the continued growth of YouTube as a destination, Maps as a WeChat-like super app, and investments in new form factors (Home, Pixel) and Cloud (GCP and G-Suite) should be enough for GOOGL to keep growing at an 18% CAGR through 2022 “
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Netflix Inc. has something for everyone in February, with the sequel to one of its smash rom-coms launching just in time for Valentine’s Day, along with a highly anticipated comic-book adaptation and the return of three critically acclaimed series.