As per the news, this Wednesday, Bank of America analysts said in a report that with the continuous promotion of the new crown vaccine in the first half of 2021, when the global economy begins to recover and gradually emerges from the suspension of production, Alphabet stock will be better than its online advertising counterpart FacebookBenefit more.
This report outlines the Alphabet’s Google in 2021, Facebook, Twitter, Snap end PinterestThe development prospects of major online media stocks. Vaccines, regulatory changes, and AppleFactors such as changes in the privacy of the company’s advertiser identifier (IDFA) will have different effects on these companies.
Bank of America stated that in 2021, we will ‘shift from commodities to services, from the public sector to private businesses, and from virtual markets to face-to-face transactions’.
Analysts are optimistic about those stocks that are under the greatest pressure on economic growth in the third quarter of 2020, and those that have benefited the most from the economic recovery.
Google vs Facebook:
Bank of America analysts said that in the first half of 2021, Alphabet will be a ‘better “vaccine’ recovery stock’ than Facebook. They believe that the Alphabet’s performance in 2020 is lagging behind its FANG counterparts.
Analysts have also paid attention to the marketers’ boycott of ad spending earlier this year. They pointed out that this does not seem to have much impact on Facebook’s growth in the second or third quarter of 2020.
Advertisers seem to have increased their conversations with Snap and Pinterest. The two companies have less contentious content.
Looking ahead to 2021, Facebook and Twitter are the most uncertain and risky because they are focusing on Their user-generated content, and Snap and Pinterest may continue to benefit from the diversification of ad spending.
(Via)
