Here are Jefferies’ favorite internet stocks for 2019


Daniel Sorabji | AFP | Getty Images

Traders work at the offices of CMC Markets in the City of London on December 10, 2018 as Britain’s Prime Minister Theresa May makes a statement in the House of Commons announcing the government’s intention to delay the ‘meaningful’ vote on the Brexit withdrawl agreement.

Jefferies put together a list of its top picks in the internet industry for 2019, seeing as much as a 40 percent upside with some stocks.

Amazon, Alphabet and GoDaddy are among the stocks that Jefferies is bullish on in the new year. The bank overall holds a more cautious view in the internet sector in light of an earnings growth slowdown.

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