The pandemic catalyzed rapid change in the internet sector, with the rising integration of digital technologies across industries since then. Given the expected continuation of the internet industry’s momentum, investors could consider buying fundamentally strong internet stocks Tripadvisor, Inc. (TRIP), Opera Limited (OPRA), and Despegar.com, Corp. (DESP) trading under $20.
The internet industry remains well-poised for growth due to its indispensable role in the present day. Thanks to advancing mobile technology and the continuous modernization of previously less-developed regions, the number of internet users globally has risen in recent years, reaching 5.18 billion as of April 2023, amounting to 64.6% of the global population.
