Stephen Ju’s Pick among the Tech Stocks – AMZN, GOOG, YHOO, FB, EBAY, GRPN

Ratings on some Internet and tech stock by Credit Suisse show that it is manly the older companies that are seen to be doing well.

Stephen Ju of Credit Suisse has given his ratings on some well-known stocks:

Amazon.com, Inc.(NASDAQ:AMZN) is described as “a best-of-breed technology company that is well positioned to capitalize on the secular growth of e-commerce as a share gainer.”

It has been rated Outperform while its price target has been raised to $301 from $270 a share.

About eBay Inc(NASDAQ:EBAY) the Ju says, “We continue to be positive on eBay’s fundamentals based on our expectation for sustainable double digit revenue growth for PayPal with expanding margins over the long run.."

It has been rated Neutral and target raised to $47 from $41 a share.

On Facebook Inc(NASDAQ:FB) the analyst said, "“We continue to have a positive long-term bias on Facebook, which we consider well positioned to capitalize on social media, and gain share of the ~$360 billion of global brand advertising market given its user scale." rating is Neutral and price target cut to $24 from 434 a share.

Yahoo! Inc.(NASDAQ:YHOO) has been rated Neutral and price target is $19 a share. “We view Yahoo as a perpetual turnaround story; although downside is limited due to its off-balance sheet Asian assets, and undemanding valuation of core business." Ju said that due to the recent changes in management more clarity was needed in its future strategic plans.

Groupon Inc(NASDAQ:GRPN) has been placed at Neutral and price target set at $11 a share.  “We are waiting for the company to deliver on the original strategy of transitioning away from being a more marketing-driven to being more of a technology-driven franchise as it makes use of user behavioural data it has collected to deliver a more relevant deal experience," Ju wrote.

Google Inc(NASDAQ:GOOG) has an Outperform rating and the price target has been raised to $850 from $770 a share. “We continue to believe that Google can grow revenue and earnings at mid to high teens CAGR over the next five year."