Here’s Why These Five Stocks Are in the Spotlight Today

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Going against the tide today is Alphabet Inc (NASDAQ:GOOGL), whose shares received the “Barron’s Lift” today after the magazine argued that Alphabet subsidiary YouTube is twice as valuable as pay internet leader Netflix, Inc. (NASDAQ:NFLX). Given that Netflix, Inc. (NASDAQ:NFLX) currently sports a market capitalization of $50 billion, the Barron’s column writer implies that YouTube is worth $100 billion, or roughly 21% of Alphabet Inc (NASDAQ:GOOGL) on an ex-cash basis. Not surprisingly, Barron’s thinks Alphabet can rally another 30% to over $1,000 per share on the back of YouTube’s large audience, and more shareholder friendly activities such as buybacks. Like Barron’s, the smart money is bullish on Alphabet, as 129 elite funds were long the stock at the end of September, up from 115 funds that owned the equity at the end of June.

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