
The internet industry is expected to thrive due to accelerating digitalization, smart infrastructure expansion, and government initiatives. So, quality internet stocks Liberty TripAdvisor Holdings, Inc. (LTRPA), Vitru Limited (VTRU), and Similarweb Ltd. (SMWB) could be worth adding to your watchlist.
The National Telecommunications and Information Administration (NTIA) of the Department of Commerce announced approximately $50 million in funding for four groups to build middle mile high-speed Internet infrastructure in New Hampshire, Tennessee, Virginia, and Wyoming, should drive growth for the industry.