Internet Stocks Are Ready to Take Off, Says Wedbush — AMZN … – TipRanks
It’s been 20 years since the famous dot-com bubble burst, and during that time, the internet economy has matured. Dot-coms are still with us, but in a more stable form. Some of the early online pioneers have grown into today’s corporate giants.
Wedbush analysts, in a report earlier this week, examined the recent history of internet stocks, highlighting their typical patterns and how they fit into recent events. According to the analysts, the usual cycle for internet stocks spans a decade, alternating between 2 low years for every 8 positive years. Noting that we’ve moved a year forward from the COVID pandemic era and the 2 down years prompted by lockdown policies, the analysts predict that there are between 5 and 7 upbeat years remaining in the current cycle.
The analysts also point out that e-commerce and advertising are currently experiencing their lowest growth rates in the post-COVID period. Nevertheless, there is an anticipation that the underlying secular growth trends…
The post Internet Stocks Are Ready to Take Off, Says Wedbush — AMZN … – TipRanks first appeared on SEO, Marketing and Social News | OneSEOCompany.com.
source: https://news.oneseocompany.com/2023/08/25/internet-stocks-are-ready-to-take-off-says-wedbush-amzn-tipranks_2023082549430.html
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.