Wall Street analysts expect a big 2020 from these internet stocks including Facebook, and Amazon

After yet another record setting holiday season, Amazon continues to be one stock all investors must own according to Argus.

"Third-party sellers posted record-breaking results, as worldwide unit sales grew at a double-digit pace from the prior year and surpassed a billion items sold," analyst Jim Kelleher said.The firm also said the stock's valuation was attractive now after what it said was "relative underperformance" in 2019.2019 may come to be known as the year that the streaming wars began with the debut of Disney+ and Apple TV+ but don't give up on Netflix just yet RBC says.

The firm released its "Internet Surprises for 2020" this week and said that while the competition for viewers is real it believes Netflix could actually see subscriber additions "accelerate," this year. "In the U.S., Netflix in 2020 will be comping against a material price increase and a dramatic slowdown in its marketing spend, and Netflix should benefit from an accelerating decline in Linear Paid TV Subs," analyst Mark Mahaney said.Regulatory scrutiny continues to be a hot topic for internet stocks like Alphabet especially with the 2020 election season underway."Although we expect the anti-trust rhetoric to reach deafening levels ahead of the U.S.

""We continue to believe Alphabet is undervalued for its growth prospects, leadership position in digital advertising and cash-rich balance sheet," he said.Here's what else analysts are saying about internet stocks in 2020:We are bullish on Facebook and see the renewed strength in the core Facebook app becoming a critical leg of the story around FB shares in 2020.

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