2017 was a strong year for big-cap stocks, as Facebook, Amazon, Netflix, and Google all handily beat the returns delivered by the NASDAQ. James Cakmak, Internet Analyst at Monness, Crespi, Hardt, was with us to deliver his tech stock outlook for 2018.
The past year delivered remarkable returns for big tech stocks, and Cakmak says the momentum will continue into 2018. Despite financial success, he sees headline risks persisting for Facebook, Amazon, and Google as regulatory scrutiny looms. The analyst names Amazon as the "most politically savvy" tech company, saying they are getting closer to the government as agencies adopt AWS and cities try become the location of choice for its new headquarters.
Facebook has made an aggressive move forward with its video strategy as it looks to diversify its revenue from traditional ads. Cakmak weighs in on whether Facebook Watch will be the next big way for them to bring in revenue.
Adam Turnquist, Chief Cross-Asset Strategist at LPL Financial, breaks down why stocks remain near records despite higher oil prices, rates and Fed tightening.
Ryan Louvar, Chief Policy Officer and Head of Business and Legal Affairs, Digital Assets at WisdomTree, breaks down the CLARITY Act and crypto’s next phase.
KFC U.S. President Catherine Tan-Gillespie breaks down Open House, the new hospitality-first concept meant to reinvent the Colonel for today's consumers.
New Crunch Fitness CEO Chequan Lewis discusses Crunch 3.0, blending boutique fitness, recovery wellness and digital training into an accessible gym model.
