Looking for big winners in the fourth quarter. You may want to consider Google, PayPal and Alphabet
Alphabet (NASDAQ: GOOGL), the umbrella company that now houses Google, looks to have some momentum, trader Karen Finerman said Tuesday. Finerman, an Alphabet shareholder, noted she looks forward to seeing more “clarity” on the company’s segments when it reports quarterly earnings this month.
Alphabet Class C shares have climbed about 23 percent this year.
Trader Dan Nathan looked to PayPal (NASDAQ: PYPL), another company that underwent a recent structural change when it split from eBay(NASDAQ: EBAY). He contended that a “strong secular shift” to online payment systems will benefit PayPal.