Facebook and Amazon are among JP Morgan’s top internet picks despite regulatory scrutiny

Investing

The Facebook app is displayed on the screen of an iPhone.

Fabian Sommer | picture alliance | Getty Images

Facebook and Amazon are two of J.P. Morgan’s top picks in the internet sector, despite intensified scrutiny from regulators at home and abroad. 

The firm likes Facebook, Amazon, Twitter, Netflix and media company IAC in the second half of 2019. 

Articles You May Like

As their customers age, Macy’s, Kohl’s and Nordstrom are chasing younger shoppers
Siemens shares slide over 5.5% on profit drop, slowing automation division
Wayfair to open its first large store, as physical locations make a comeback
Average consumer carries $6,218 in credit card debt, as more borrowers are falling behind on their payments
High inflation harms older households — and two factors determine who is most at risk, research finds

Leave a Reply

Your email address will not be published. Required fields are marked *