When it comes to internet stocks as an investment choice, one sometimes isn’t sure whether to be surprised by their popularity or just take it in stride. The latest from Citi notes that Facebook Inc (NASDAQ:FB) is the favorite large cap pick in 2014 among hedge funds, followed by Google Inc (NASDAQ:GOOG) and Amazon.com, Inc. (NASDAQ:AMZN). Among small to mid cap picks for 2014, hedge funds favored HomeAway, Inc. (NASDAQ:AWAY), Pandora Media Inc (NYSE:P) and Groupon Inc (NASDAQ:GRPN).
Facebook is still a favorite
In the survey, 65% of the respondents said that they...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full ArticleAlready a member? Log in here
