Top 10 Internet Stocks To Watch For 2014

I first met Joe McGinniss in a wonderful place, Room 212 in Philadelphia’s City Hall.

I was based there as a young reporter for the Philadelphia Inquirer, and Joe had just joined the paper as a local columnist. He had been dispatched to 212 to seek the wisdom of one Don McDonough, an Inquirer reporter who knew absolutely everyone in and everything about the city.

Although I first heard it used about basketball god Oscar Robertson, the phrase “more moves than a clock” applied–applies–to Dandy Don.

Room 212 was a wild place packed with colorful characters, and Joe, the author of The Selling of the President 1968 and Fatal Vision who died of cancer Monday at 71, made frequent visits. We quickly became friends.

As the new columnist in town, Joe came in like a wrecking ball. Philly had never seen anything like him. He could be funny and moving, but he could also be very tough. And he was everywhere. If there was big news, Joe was on the scene.

Top 10 Internet Stocks To Watch For 2014: IAC/InterActiveCorp (IACI)

IAC/InterActiveCorp engages in the Internet business in the United States and internationally. The company’s Search segment develops, markets, and distributes various downloadable toolbars; provides search, reference, and content services through its destination search and other Websites, including Ask.com and Dictionary.com; and aggregates and integrates local advertising and content for distribution to publishers on Web and mobile platforms, as well as markets and distributes mobile applications through which it provides search and additional services. Its Match segment offers subscription-based and advertiser-supported online personals services through its Websites comprising Match.com, Chemistry.com, OurTime.com, BlackPeopleMeet.com, and OkCupid.com, as well as through mobile applications and Meetic-branded Websites. The company’s ServiceMagic segment offers Market Match service that matches consumers with service professionals; Exact Match service, which enables con sumers to review service professional profiles and select the service professional that meets their specific needs; and 1800Contractor.com, an online directory of service professionals. This segment also offers Website design and hosting services. Its Media and Other segment operates CollegeHumor.com, an online entertainment Website that targets young males; Vimeo, a Website on which users can upload, share, and view video; and Pronto.com, a comparison search engine. This segment also engages in the creation of video content for various distribution platforms; and operates as an Internet retailer of footwear and related apparel and accessories, as well as focuses on multimedia business. The company was formerly known as InterActiveCorp and changed its name to IAC/InterActiveCorp in July 2004. IAC/InterActiveCorp was founded in 1986 and is headquartered in New York, New York.

Advisors’ Opinion:

  • [By John Kell]

    IAC/InterActiveCorp(IACI). said its fourth-quarter earnings jumped 89% as the Internet firm managed to offset a decline in search and media revenue with cost cutting. Revenue missed estimates, sending shares down 5.6% to $65 in light premarket trading.

  • [By Eric Volkman]

    AP/Jim Mone Is Bitcoin a slam-dunk as the currency of the future? The Sacramento Kings seem to think so. The NBA team recently became the first pro sports franchise to accept Bitcoin as a form of payment. Basketball fans will be able not only to purchase tickets and merchandise online with the digital cryptocurrency, but also to use it to buy souvenirs at the arena come game time. The team is the latest in a growing number of commercial entities finding a slot in their virtual cash registers for Bitcoin. Little by little, momentum is building for a widespread acceptance of the upstart currency. Overstocking The Kings’ drive towards the Bitcoin basket comes a week after the big online retailer Overstock.com (OSTK) announced it would start accepting payments in the currency. The move was an instant hit — the first day the company had the nifty Bitcoin button as an option in its shopping cart, its customers used it to make more than 800 transactions for total sales of around $130,000. Overstock.com was by no means the first online marketplace to accept the currency. Numerous web retailers have been doing so for some time. It’s a natural fit, %VIRTUAL-article-sponsoredlinks in a way, since Bitcoin exists solely in the digital realm. Customers booking flights on discount travel operator CheapAir.com, for example, can use Bitcoin to buy their tickets, as can love seekers on dating site OkCupid, owned by IAC/InteractiveCorp (IACI). These digital players are going to have plenty of company. Earlier this month, online games purveyor Zynga (ZNGA) started to dip its toes in the water, announcing that it was testing Bitcoin payments for some of its titles in conjunction with specialist transaction facilitator BitPay. But if Overstock.com didn’t get there first, it’s still the largest and most prominent e-retailer to take the Bitcoin plunge thus far. This is a big win for the currency and its advocates, and Overstock.com will surely be followed by more well-known comp

  • [By Rex Crum]

    Additionally, Devitt initiated coverage of IAC/InterActive Corp. (IACI)  with an equal weight rating and best-case stock price scenario of $67 a share.

Top 10 Internet Stocks To Watch For 2014: Yahoo! Inc.(YHOO)

Yahoo! Inc., together with its subsidiaries, operates as a digital media company that delivers personalized digital content and experiences through various devices worldwide. It offers online properties and services to users; and a range of marketing services to businesses. The company?s communications and communities offerings include Yahoo! Mail, Yahoo! Messenger, Yahoo! Groups, Yahoo! Answers, Flickr, and Connected TV, which provide a range of communication and social services to users and small businesses enabling users to organize into groups and share knowledge, common interests, and photos. Its search products comprise Yahoo! Search and Yahoo! Local, available free to users to navigate the Internet and discover content. The company?s marketplaces offerings and services include Yahoo! Shopping, Yahoo! Travel, Yahoo! Real Estate, Yahoo! Autos, and Yahoo! Small Business, which allow users to research specific topics, products, services, or areas of interest by review i ng and exchanging information, obtaining contact details, or considering offers from providers of goods, services, or parties with similar interests. Its media offerings comprise Yahoo! Homepage, Yahoo! News, Yahoo! Sports, Yahoo! Finance, My Yahoo!, Yahoo! Toolbar, Yahoo! Entertainment & Lifestyles, Yahoo! Contributor Network, and Yahoo! Pulse, which are designed to engage users with online content and services on the Web. The company also offers marketing services, such as display and search advertising, listing-based services, and commerce-based transactions to advertisers. In addition, it provides software and platform offerings for third-party developers, advertisers, and publishers, such as Yahoo! Developer Network, Yahoo! Open Strategy, Yahoo! Application Platform, Yahoo! Updates, Yahoo! Query Language, and Yahoo! Search BOSS. The company has strategic alliances with Nokia and ABC News, Inc. Yahoo! Inc. was founded in 1994 and is headquartered in Sunnyvale, Californi a.

Advisors’ Opinion:

  • [By Paul Ausick]

    Tech website re/code reported on Friday that Yahoo! Inc. (NASDAQ: YHOO) is working on a plan to build a competitor to the ubiquitous YouTube franchise that Google Inc. (NASDAQ: GOOG) paid $1.65 billion for in late 2006. Just a guess, but Yahoo is likely to spend a lot more than that to get a competitive product out the door.

  • [By Bloomberg]

    David Paul Morris/Bloomberg via Getty Images Google (GOOG) won a major victory in its fight against claims it illegally scanned private email messages to and from Gmail accounts, defeating a bid to unify lawsuits in a single group case on behalf of hundreds of millions of Internet users. U.S. District Judge Lucy Koh in San Jose, Calif., on Wednesday refused to let the case proceed as a class action, which would have allowed plaintiffs to pool resources and put greater pressure on Google to settle. If individuals pursue their claims against the owner of world’s largest search engine, they’ll need to use their own financial resources to litigate. Email users claimed Google intercepted, read and mined the content of email messages for targeted advertising and to build user profiles. Legal experts including Stanford Law School Professor Deborah Hensler said before Wednesday’s ruling that while the plaintiffs faced difficulty joining forces, the case stood to potentially become the largest group lawsuit ever. The amount at stake could have reached into the trillions of dollars if, as the plaintiffs argued, each person was eligible for damages of $100 a day for violations of federal wiretap law. Koh’s ruling has implications for email privacy cases assigned to her that were filed last year against Yahoo (YHOO) and LinkedIn (LNKD), which also have hundreds of millions of users. Similarly giant cases have been brought against Facebook (FB) and Hulu as Web users challenge how companies monetize their data for the online advertising market that generated more than $40 billion in the U.S. last year. Koh found that the proposed classes of people in the Google case aren’t “sufficiently cohesive,” according to Wednesday’s ruling. Members’ Consent The judge wrote in her order that the question of whether the proposed class members consented to the alleged interceptions has been “central to this case since it was filed.” Based on the evidence presented so far, to pr

Top 10 Internet Stocks To Watch For 2014: Amazon.com Inc.(AMZN)

Amazon.com, Inc. operates as an online retailer in North America and internationally. It operates retail Web sites, including amazon.com and amazon.ca. The company serves consumers through its retail Web sites and focuses on selection, price, and convenience. It also offers programs that enable sellers to sell their products on its Web sites, and their own branded Web sites. In addition, the company serves developer customers through Amazon Web Services, which provides access to technology infrastructure that developers can use to enable virtually various type of business. Further, it manufactures and sells the Kindle e-reader. Additionally, the company provides fulfillment; miscellaneous marketing and promotional agreements, such as online advertising; and co-branded credit cards. Amazon.com, Inc. was founded in 1994 and is headquartered in Seattle, Washington.

Advisors’ Opinion:

  • [By Matthew Argersinger and Eric Bleeker, CFA]

    In this segment, the two discuss The Wall Street Journal’s report that Amazon (Nasdaq: AMZN) is considering a video streaming service that would be ad-supported. Currently, Amazon’s video is part of the subscription fee for its Amazon Prime service. 

  • [By Charley Blaine]

    Netflix Inc. (NASDAQ: NFLX) fell $6.84, or 1.9%, to $352.03. For the month, the shares stumbled 21%; they dropped 4.4% for the quarter. Amazon.com Inc. (NASDAQ: AMZN) closed down 0.5% to 336.52. It fell 6.1% for the month and 15.6% for the quarter. Google Inc. (NASDAQ: GOOG) fell 8.3% for the month and 0.6% for the quarter. It at least ended the month as the world’s thirst most valuable company. Staples (Nasdaq: SPLS) has no similar silver lining for its lackluster performance.

  • [By John Bonnanzio]

    The fund’s top holding are Google (GOOG), Apple (AAPL), Gilead Sciences (GILD), Amazon (AMZN) and Facebook (FB).

    Along with our desire to slightly deemphasize value stocks, we are also buying Fidelity Mid-Cap Stock (US:FMCSX), which leans towards growth.

  • [By Myra P. Saefong , Sital S. Patel]

    AMZN: Amazon.com Inc. (AMZN)  shares closed slightly lower after reports that the company plans to offer free streaming television and music videos to its customers. The firm had previously planned to charge for the members-only service, reported The Wall Street Journal. Amazon has denied the reports.

Top 10 Internet Stocks To Watch For 2014: Google Inc.(GOOG)

Google Inc. maintains an index of Web sites and other online content for users, advertisers, and Google network members and other content providers. It offers AdWords, an auction-based advertising program; AdSense program, which enables Web sites that are part of the Google Network to deliver ads from its AdWords advertisers; Google Display, a display advertising network that comprises the videos, text, images, and other interactive ads; DoubleClick Ad Exchange, a real-time auction marketplace for the trading of display ad space; and YouTube that provides video, interactive, and other ad formats for advertisers. The company also provides Google Mobile that optimizes Google?s applications for mobile devices in browser and downloadable form; and enables advertisers to run search ad campaigns on mobile devices, as well as Google Local that provides local information on the Web; and Google Boost for small businesses to participate in the ads auction. In addition, it offers And roid, an open source mobile software platform; Google Chrome OS, an open source operating system; Google Chrome, a Web browser; Google TV, a platform for the consumers to use the television and the Internet on a single screen; and Google Books platform to discover, search, and consume content from printed books online. Further, the company provides Google Apps, a cloud computing suite of message and collaboration tools, which includes Gmail, Google Docs, Google Calendar, and Google Sites; Google Search Appliance that offers real-time search of business and intranet applications, and public Web sites; Google Site Search, a custom search engine; Google Commerce Search for online retail enterprises; Google Checkout to make online shopping and payments streamlined and secure; Google Maps Application Programming Interface; and Google Earth Enterprise, a firewall software solution for imagery and data visualization. Google Inc. was founded in 1998 and is headquartered in Mountain View, California.

Advisors’ Opinion:

  • [By Jonathan Berr]

    Valuation: One thing fans and foes alike should agree on is that Apple stock is dirt cheap. AAPL trades at a forward price-to-earnings ratio of 12.5, well under Google’s (GOOG) 22 and Facebook’s (FB) nearly 50 figure. Moreover, Apple stock is trading at more than 20% below its 2012 peak of $700 a share. (Though it should be pointed out that analysts do expect single-digit growth for Apple vs. double digits for those aforementioned tech giants.)

  • [By Charley Blaine]

    Netflix Inc. (NASDAQ: NFLX) fell $6.84, or 1.9%, to $352.03. For the month, the shares stumbled 21%; they dropped 4.4% for the quarter. Amazon.com Inc. (NASDAQ: AMZN) closed down 0.5% to 336.52. It fell 6.1% for the month and 15.6% for the quarter. Google Inc. (NASDAQ: GOOG) fell 8.3% for the month and 0.6% for the quarter. It at least ended the month as the world’s thirst most valuable company. Staples (Nasdaq: SPLS) has no similar silver lining for its lackluster performance.

  • [By Arrow Analysis]

    It’s been almost a year since Nokia (NOK) first reported its plan to create a Google (GOOG) Android powered smart phone. The decision elicited mixed response from some, while others waited with baited breath. Finally the company unveiled its new creation, Nokia X at the Mobile World Congress 2014 in Barcelona.

  • [By John Bonnanzio]

    The fund’s top holding are Google (GOOG), Apple (AAPL), Gilead Sciences (GILD), Amazon (AMZN) and Facebook (FB).

    Along with our desire to slightly deemphasize value stocks, we are also buying Fidelity Mid-Cap Stock (US:FMCSX), which leans towards growth.

Top 10 Internet Stocks To Watch For 2014: eBay Inc.(EBAY)

eBay Inc. provides online platforms, services, and tools to help individuals and merchants in online and mobile commerce and payments in the United States and internationally. Its Marketplaces segment operates ecommerce platform eBay.com; vertical shopping sites, such as StubHub, Fashion, Motors, and Half.com; and classifieds Websites, including Den Bl