The internet sector is positioned for long-term growth driven by the rising demand for digital services by businesses. So, investors could add quality Internet stocks eBay Inc.(EBAY – Get Rating), Netflix Inc. (NFLX – Get Rating), and Travelzoo (TZOO – Get Rating) to their portfolios.
The United States serves as a major epicenter for internet engagement, boasting a population of over 307 million internet users. With internet accessibility reaching more than 90% of Americans, its influence has left an indelible mark on numerous facets of daily existence.
Moreover, the increasing prevalence of online retail, the digitization of medical records, the adoption of e-government programs, and the rapid proliferation of media and entertainment platforms propel the growth of the Internet industry.
In addition, wireless technology stands as a crucial catalyst for driving global digital transformation, amplifying efficiency, and curbing expenses in various sectors and domains. The market’s growth is further propelled by government endeavors in infrastructure development, particularly in smart city projects.
The global wireless internet services market is expected to grow at a CAGR of 7% to reach $921.87 billion by 2027.
With these favorable trends in mind, let’s delve into the fundamentals of the three Internet stocks worth adding to your portfolios, beginning with…
Continue reading at STOCKNEWS.com