Netflix, Amazon named among UBS top technology, media and telecommunications stocks picks

UBS has outlined its preferred stock picks across the technology, media and telecommunications (TMT) sectors, highlighting companies where its analysts believe market expectations diverge meaningfully from underlying fundamentals. In business and professional services, Accenture PLC (NYSE:ACN) is identified as the firm’s top choice. UBS argues the stock is undervalued relative to its growth prospects, noting it is trading at a discount to the broader S&P 500 for the first time in more than 15 years. “We bel ...