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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 […]

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Is the Party Over? Here Are 10 Stocks to Avoid Now

It’s hard to believe there are only a handful of hours left in 2019.
And what a year it’s been!
Over the past several weeks, my focus has been on helping investors position themselves for the biggest possible gains in 2020.
And we’re seeing this pay off.
In mid-November, I wrote about 10 small caps expected to see revenue grow at least 100% in 2020. Even though Sage Therapeutics (Nasdaq: SAGE) has buckled and Tellurian (Nasdaq: TELL) has slipped since then, the rest have gained…

In fact, GSX Techedu (NYSE: GSX) has broken out, surging 50% and setting new 52-week highs!
But those aren’t the only …read more […]

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Goldman Sachs: These 3 Oil Stocks Are Set for Enormous Gains in 2020

Investment bank Goldman Sachs has been looking at the oil industry and finding the stocks to buy. The picture is looking good as we enter 2020, but there’s still background to understand.Falling prices and a slowing rate of production increases have put pressure on the US oil sector in 2019. The coming year is looking good, however, as Q1 is generally seasonally strong for US oil companies. Exploration and production budgets are renewed with the new year, and toward the end of the quarter, as the weather improves, fracking activity and rig counts begin to recover.Perhaps anticipating a rising quarter, …read more […]