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Internet Stock Catalysts: What's Ahead, Who Will Benefit and Who's at Risk

By BenZinga
Capital Markets

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Internet stocks have made double-digit gains in 2017, propelling the tech sector to record highs. While some bears look for signs of a looming bubble — with the memory of the painful sting of the 2000 dot.com bubble in mind — others search the blue skies for signs of catalysts that could push the space even higher.

Bank of America Merrill Lynch analyst Justin Post issued an updated calendar Tuesday of company catalysts that could impact the tech tickers. Below is a list of some notable news items that could move Internet names in the remainder of September:

  • Sept. 22: Apple Inc (NASDAQ: AAPL)’s iPhone 8 and 8 Plus are due to become available on this day. Bank of America sees new functionality in the long-awaited devices being a positive catalyst for Internet usage, particularly for social …

Read the full story at Benzinga.

Photo: Getty iStock

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