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What Do Netflix, Pandora App Tracker Data Mean For Other Internet Names?

Manikandan Raman

Aegis app tracker data for Netflix, Inc. (NASDAQ: NFLX) and Pandora Media Inc (NYSE: P) showed very strong usage trends in the fourth quarter, and both companies have reported above consensus financial results (Pandora pre-announced).

Now, analyst Victor Anthony takes a look at what the data implies for other internet companies that have yet to report their fourth-quarter numbers.

Investors should note that the apps do not capture mobile website activity and desktop activity, and these continue to constitute a meaningful portion of revenues for several companies.

Internet Stocks Still To Report

Following are the implications of the data on various internet firms along with their earnings dates:

  • Amazon.com, Inc. (NASDAQ: AMZN): Buy, February 2.
  • Etsy Inc (NASDAQ: ETSY): Not Rated (NR), February 20.
  • Expedia Inc (NASDAQ: EXPE): NR, February 9.
  • Facebook Inc (NASDAQ: FB): Buy, February 1.
  • Groupon Inc (NASDAQ: GRPN): NR, February 9.
  • GrubHub Inc (NYSE: GRUB): NR, February 8.
  • Match Group Inc (NASDAQ: MTCH): Buy, January 31.
  • Paypal Holdings Inc (NASDAQ: PYPL): NR, January 26.
  • Priceline Group Inc (NASDAQ: PCLN): NR, February 15.
  • Shutterfly, Inc. (NASDAQ: SFLY): Buy, February 1.
  • Snap (IPO expected this year).
  • Twitter Inc (NYSE: TWTR): Sell, February 9.
  • Wayfair Inc (NYSE: W): NR, February 23.
  • XO Group Inc (NYSE: XOXO): Buy, March 1.
  • Yelp Inc (NYSE: YELP): Buy, February 6.
  • YouTube, a unit of Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), January 26.
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