Amazon, Meta, Booking, Uber on Top at Wedbush in 2024

7
Comment
Favorite

Amazon, Meta, Booking, Uber on Top at Wedbush in 2024

Seekingalpha2023-12-29

Wedbush Securities is feeling good about consumer internet platforms in 2024, with top picks including Amazon (NASDAQ:AMZN), Meta (NASDAQ: META), Booking (BKNG) and Uber (NYSE: UBER).A group of ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

No comments yet

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2395741725?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-12-29 16:28","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2395741725","market":"us","top_or_hot":-1,"title":"Amazon, Meta, Booking, Uber on Top at Wedbush in 2024","media":"Seekingalpha","content":"<div>\n<p>Wedbush Securities is feeling good about consumer internet platforms in 2024, with top picks including Amazon (NASDAQ:AMZN), Meta (NASDAQ: META), Booking (BKNG) and Uber (NYSE: UBER).A group of ...</p>\n\n<a href=\"https://seekingalpha.com/news/4050785-amazon-meta-booking-uber-on-top-at-wedbush\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon, Meta, Booking, Uber on Top at Wedbush in 2024</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon, Meta, Booking, Uber on Top at Wedbush in 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-12-29 16:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4050785-amazon-meta-booking-uber-on-top-at-wedbush><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wedbush Securities is feeling good about consumer internet platforms in 2024, with top picks including Amazon (NASDAQ:AMZN), Meta (NASDAQ: META), Booking (BKNG) and Uber (NYSE: UBER).A group of ...</p>\n\n<a href=\"https://seekingalpha.com/news/4050785-amazon-meta-booking-uber-on-top-at-wedbush\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0109392836.USD","symbol_name":"富兰克林科技股A","start_time":0,"source_url":"https://seekingalpha.com/news/4050785-amazon-meta-booking-uber-on-top-at-wedbush","article_id":"2395741725","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2395741725","pubTimestamp":1703838492,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Anthropic eyes over $850M in annualized revenue rate by end of 2024 - report","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0109392836.USD":"富兰克林科技股A","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","BK4536":"外卖概念","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","BK4535":"淡马锡持仓","BK4220":"综合零售","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","SG9999015978.USD":"利安颠覆性创新基金A","BK4559":"巴菲特持仓","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","AMZN":"亚马逊","BK4538":"云计算","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","BK4550":"红杉资本持仓","META":"Meta Platforms, Inc.","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4551":"寇图资本持仓","LU0149725797.USD":"汇丰美国股市经济规模基金","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4230":"旅客陆运","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","UBER":"优步","BK4548":"巴美列捷福持仓","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","BK4514":"搜索引擎","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","BKNG":"Booking Holdings","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","BK4554":"元宇宙及AR概念","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","BK4553":"喜马拉雅资本持仓","LU0494093205.USD":"贝莱德ESG灵活多元资产A2 USD-H","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC"},"translate_title":"2024年亚马逊、Meta、Booking、优步在Wedbush高居榜首","themeId":"3e24a06b134544b39ea5a7e60150983f","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"UBER":1,"AMZN":1,"BKNG":1,"META":1},"content_text":"Wedbush Securities is feeling good about consumer internet platforms in 2024, with top picks including Amazon (NASDAQ:AMZN), Meta (NASDAQ: META), Booking (BKNG) and Uber (NYSE: UBER).A group of analysts, led by Scott Devitt, highlighted five key themes for next year.Growth rates for digital ads and e-commerce will accelerate with the penetration of online shopping rising 99 basis points and digital ads spending will increase 230 basis points to 77% of total U.S. media spend. E-commerce sales in the third quarter of 2023 accounted for 15.6% of total sales, according to the U.S. Dept. of Commerce.Retail media will lead digital advertising growth, increasing 22%. Amazon’s advertising revenue growth will outpace the broader industry.Demand for international leisure travel will slow and comparisons to 2023 will be challenging. The average daily rate, or ADR, will slow in most regions and negatively impact Airbnb (ABNB), Booking and Expedia (EXPE).Recently launched and upcoming generative AI services from Amazon, Google and Meta are positioned for increased adoption and monetization as the number of available services and use cases expands. The market for generative AI is expected to grow over 100% to $137B in 2024, led by infrastructure used for training large language models.Cost controls from the past two years will continue and margins will rise for most companies the bank covers, even after increasing in 2023.What ifsWedbush also listed five possible themes for the year that are inconsistent with market consensus and run counter to what it believes investors are expecting.Retail media growth could pull advertising dollars away from digital advertising mediums, creating headwinds for Google and Meta.Travel materially outperforms expectations and consumer preferences for experiences over goods persists, benefiting Airbnb and Booking.Consumer-facing generative AI product adoption proves further out than expected, hurting Meta, Google and Microsoft.2024 could surprise investors should ongoing side projects at Amazon and Alphabet become more prominent commercially and are increasingly discussed by management.Virtual reality adoption accelerates. Meta released its latest VR headset, the Meta Quest 3, in October and Apple is reportedly planning to launch its first headset, the Vision Pro, in late January or early February.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":7,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}