In a 135 page report titled “Where We’re Going, We Don’t Need Roads,” Barclays added coverage to eight new companies and outlined its “uber,” or highly positive, bullish outlook on Internet stocks.
The report reasons that because people are “sharing more, communicating more, watching more and buying more online” that the stocks that “touch consumers the most often are going to be the big winners.”
Internet stocks ratings
Citing eight trends to watch, the report then goes deep into research on eight Internet stocks, giving overweight ratings to the likes of Facebook Inc (NASDAQ:FB), Google Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) and Twitter Inc (NYSE:TWTR) while Netflix, Inc. (NASDAQ:NFLX) earned an underweight.
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