The internet industry is expected to grow in the face of rapid digitization. So, investors looking for quality internet stocks can consider buying Shutterstock, Inc. (SSTK) and Liquidity Services, Inc. (LQDT). However, I think it could be wise to wait for a better entry point in Shopify Inc. (SHOP).
The National Telecommunications and Information Administration (NTIA) has authorized $930.02 million to build middle-mile high-speed Internet infrastructure throughout 35 states and Puerto Rico. This effort, which is part of President Biden’s Investing in America plan, aims to increase data capacity and resiliency while also connecting unserved regions to the Internet backbone.
