"Something meaningful shocked the eCommerce ecosystem in January," writes Stifel's Jordan Rohan...
"Something meaningful shocked the eCommerce ecosystem in January," writes Stifel's Jordan Rohan in his contrarian note on Google (GOOG -1.2%). Search engine marketing (SEM) firm IgnitionOne saw a 9% Y/Y drop in ad spend in Jan., followed by subdued growth of 9% in Feb. and 11% in March. Rohan, who also reports hearing Jan. mobile banner ad buying was weak (a negative for MM), does admit other SEMs saw mid-teens growth, but points out Google shares have little margin for error. "Google replaced Apple in tech portfolios as the comfort food trade in mobile..." AMZN +1.5%. EBAY -1.7%.
From other sites
Video at CNBC.com (May 19, 2015)
Video at CNBC.com (May 15, 2015)
Video at CNBC.com (Mar 27, 2015)
Video at CNBC.com (Mar 25, 2015)
at CNBC.com (Mar 25, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs