Technology
RBC Lists Top 10 Internet Surprises for 2016
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At the end of each year, or in January of the new year, pundits of all shapes, sizes and merit come out with predictions for the new year. The topics range from the top stock picks at a firm to investment themes to watch for. The participants are as notable as the great Byron Wein, who for years has published a list of top 10 surprises, to talking heads like Jim Cramer. The bottom line is all the seasoned investors and strategists speak from experience, and often they get a few right.
A new research report from the Internet analysts at RBC, offers their top 10 Internet surprises. The RBC team in their own words:
Attempt to create a list of what would be the biggest surprises for Internet Investors over the coming year, with a “surprise” being an event that the average Internet investor things is highly improbable, but we believe has a reasonable chance (30%+) of occurring.
While some are far-fetched, they all have a least a glimmer of possibility.
1. The mega-unicorns go public: The analysts point to top private companies that are very high profile that could be ready for an initial public offering in 2016. These companies include such well-known names as: Uber Airbnb, Spotify, Snapchat, Pinterest, Lyft and more.
2. Facebook enters China: This would be a massive surprise, which virtually nobody, including the RBC team, thinks can happen. However, if Facebook Inc. (NASDAQ: FB) would agree to some Chinese stipulations, which needless to say would be stringent, there is a remote possibility.
3. More dividends get paid out in the Internet sector: While only two major companies pay dividends now, RBC sees numerous big players that are solid candidates to pay dividends. They include Priceline Group Inc. (NASDAQ: PCLN), Alphabet Inc. (NASDAQ: GOOGL), eBay Inc. (NASDAQ: EBAY) and Yahoo! Inc. (NASDAQ: YHOO).
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