
Despite uncertainties remaining at the forefront, rapid digitalization and increased tech dependency in our day-to-day lives continue to bolster the growth prospects of the internet sector. Therefore, let us probe into some buy-rated internet stocks, Tripadvisor, Inc. (TRIP), Despegar.com, Corp. (DESP), and Travelzoo (TZOO), to see if they are worth investing in before April.
The Federal Reserve has made it quite apparent that it intends to get rid of the stubborn inflation and pursues a goal of 2% via escalating interest rate increases. Earlier this month, despite the strong labor market, the Fed enacted a quarter-percentage-point interest rate increase, as opposed to a half-point rate hike, on concerns about the recent banking crisis.