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16.00% p.a. JB Callable Multi Barrier Reverse Convertible (60%) auf Facebook Inc, Twitter, Netflix

JB CALLABLE MULTI BARRIER REVERSE CONVERTIBLE (60%) ON FACEBOOK INC, TWITTER, NETFLIX

  • Valuations, both in relative and absolute terms, offer attractive upside potential and support Julius Baer’s Research bullish investment case. Hence, respective Overweight rating for the global IT sector is being reiterated.
  • Recent Q2 figures brought some corrections to some of the most well-known stocks in the IT sector (Facebook Buy, Price/Target: USD 174.89/200, Twitter Hold, Price/Target: USD 34.12/30, Netflix Hold, Price/Target USD 334.96/370). Even though markets were disappointed on revenues and active users growth, investments into safety and security will, in the short term, further hurt user and sales growth but profoundly increase the integrity of the platforms, which will drive long-term use engagement, a key for advertisement revenues.
  • Fundamental sector and stock outlook seems to be still intact, we therefore offer a short term opportunity after recent corrections in stocks with a JB Callable Multi Barrier Reverse Convertible (60%) on Facebook, Twitter, Netflix
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