Internet’s widespread adoption has fueled the rise of Internet services companies, which benefit from increased online activities like shopping, payments, and remote work. Moreover, the pandemic’s digitization push has further driven the demand, leading these companies to expand their offerings and assist enterprises in enhancing their operations.
Given the rosy prospects of the industry, I think robust internet stocks Wix.com Ltd. (WIX), Perion Network Ltd. (PERI), and 8×8, Inc. (EGHT) could be worth buying. These stocks are trading above their 50-day and 200-day moving averages, indicating an uptrend.
