Facebook and Netflix are great choices for investors in the near term even as the threat of a heightened U.S.-China trade war looms over the technology sector, Mark Mahaney, lead technology analyst at RBC Capital Markets, told CNBC on Wednesday.
Chipmakers, especially vulnerable if China retaliates, led the tech sector lower earlier this week after President Donald Trump threatened to impose tariffs on Chinese goods. He expects that the highly anticipated season 3 release of"Stranger Things" will be a boon for Netflix.
oh nice debt-burdened Netflix or Facebook that is facing a 5 billion dollar fine for the USA government. both just great ideas
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