5 Winners in a Minimum Wage Hike: Facebook Inc (FB), Netflix, Inc. (NFLX)

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Google is teaming up with partners to put out dirt cheap Chromebook laptops and Android tablets. There is also the growing popularity of Android, in general, as a mobile operating system. Since it’s open source, manufacturers can put out cheaper smartphones fueled by Android than they would through other platforms.

Even $9 an hour isn’t going to drum out too many incremental smartphone owners. Data plans are expensive. However, it will be a factor for high school and college kids working for spending money as dependents.

Increasing the minimum wage hike will be a politically divisive issue; but, for investors, it helps to start keying in on the beneficiaries.

The article 5 Winners in a Minimum Wage Hike originally appeared on Fool.com and is written by Rick Aristotle Munarriz.

Longtime Fool contributor Rick Aristotle Munarriz owns shares of Netflix. The Motley Fool recommends Facebook, Google, and Netflix. The Motley Fool owns shares of Facebook, Google, Microsoft, and Netflix.

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