With the increased internet penetration worldwide, there is a considerable surge in online activities like e-commerce, social media, virtual learning, digital payments, and video streaming, among others, creating growth opportunities for companies offering internet-based services.
Given the industry’s strong foothold, it could be wise to invest in fundamentally sound internet stocks Meta Platforms, Inc. (META) and Booking Holdings Inc. (BKNG) for potential gains. However, avoiding struggling Snap Inc. (SNAP) seems prudent now.
