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Alphabet, Facebook Tops in SunTrust Internet: Don’t Mind the Elevated Valuations

Alphabet, Facebook, Wix.com, Shutterfly and Amazon are among Youssef Squali's top picks as he initiates coverage of the Internet at SunTrust after several years as an analyst at Cantor Fitzgerald. He advises not to get hung up on elevated valuations for the top names, as there's still plenty of growth to come for them. Among his least favorite names are Twitter and Snap.
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