Netflix
Ticker: NFLX
Current price: $183
UBS price target: $190
UBS' take: "We believe Netflix's core competencies in both content and technology will drive a virtuous circle of greater subs and increased viewing time, enabling higher ARPU and revenue, which will fuel content spending to attract even more subscribers, and so on, positioning Netflix to sustain its position as the clear global leader in the emerging online video subscription business."
Charter Communications
Ticker: CHTR
Current price: $384
UBS price target: $450
UBS' take: "With M&A speculation surrounding Charter in recent months, we walked through the scenarios as reported by the press. We believe all options would be compared to Charter levering up the business itself and buying back its own shares, which we estimate could drive 15%+ appreciation to our current 2020 FCF/sh estimate and increase the FCF/sh CAGR from 30% to 38%."
Apple
Ticker: AAPL
Current price: $159
UBS price target: $180
UBS' take: "As the iPhone matures investors should start to appreciate the size and loyalty of the installed base, which promotes hardware and services gains."
American Tower
Ticker: AMT
Stock price: $143
UBS price target: $163
UBS' take: "After 3 years of declines, we expect U.S. wireless capex to rebound in 2017 to $30B+ as carriers move to the second phase of 4G deployments to support capacity and peak-speed needs."
Alphabet
Ticker: GOOG
Current price: $934
UBS price target: $1,080
UBS’ take: "With a focus on balancing costs vs. revenue opportunities under CFO Ruth Porat, we believe Alphabet will continue to climb a wall of worry that has persisted over the last few quarters."
