Google's Alphabet has 22% upside and will be the top FANG stock in 2021, BofA says - Business Insider

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Google's Alphabet has 22% upside and will be the top FANG stock in 2021, BofA says

In a wide-ranging overview note published Thursday, a group of Bank of America analysts led by Justin Post broke down why Alphabet has massive upside ahead, and more potential than its FANG peers, Facebook, Amazon, and Netflix. exploding 22% in the future to $2,150. It's currently hovering trading around $1,734.

"We think exposure to travel , and other local activity could make up over 30% of search advertising revenues, and these sectors could come back in 2021," BofA said.'Vastly technically disconnected': A market strategist breaks down the 3 indicators that show Tesla is overpriced — and says it's due for a 17% correction in the next 6 weeks

 

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