Analyst: 3 Predictions for Internet Stocks in 2020

The clock is ticking down on 2019, and you know what that means: It’s time for Wall Street analysts to tempt fate, clamber out on limbs, and make predictions about what will happen in 2020.Unable to overcome the temptation, Rosenblatt internet analyst Mark Zgutowicz joined the parade of prognosticators, with a few predictions about Facebook, Spotify, and Shopify, too. Here’s what he had to say:Facebook (FB)2019 saw presidential candidates Elizabeth Warren and Bernie Sanders (and even Facebook co-founder Chris Hughes) publicly call for breaking up Facebook to reduce its monopoly power in social networking — but Zgutowicz doesn’t think it …read more

Source:: Yahoo Finance

      

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