Netflix (NFLX) Replace Amazon (AMZN) as Top Internet Pick at BMO

BMO Capital analyst Daniel Salmon named Netflix (NASDAQ: NFLX) their top pick in the sector, while Amazon (NASDAQ: AMZN) moves down to number two. The move follows Senator Warren’s proposal to break up Big Tech.

"Netflix, on the other hand, faces little to no regulatory risk, in our view; thus, we are more comfortable with it in the Top Pick slot at the moment, and Amazon moves down slightly to number two," Salmon commented.

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