Get all your news in one place.
100's of premium titles.
One app.
Start reading
StockNews.com
StockNews.com
Business
Rashmi Kumari

Are Snap (SNAP) and eBay (EBAY) Wise Internet Industry Picks for 2024?

The internet sector is thriving in the digital age due to the high demand for online services, resulting in significant growth and innovation opportunities for businesses. However, as macroeconomic uncertainties remain, I think it would be wise to wait for a better entry point in eBay Inc. (EBAY). In addition, Snap Inc. (SNAP) is best avoided, considering its weak fundamentals.

Before delving deeper into the fundamentals of these stocks, let’s discuss what’s happening in the internet industry.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.