META: Meta Platforms (META), Booking Holdings (BKNG) and Snap … – StockNews.com
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 – Get Rating) and Booking Holdings Inc. (BKNG – Get Rating) for potential gains. However, avoiding struggling Snap Inc. (SNAP – Get Rating) seems prudent now.
The COVID-19 pandemic has resulted in most people taking to the internet and internet-based services to communicate, learn, shop, work, and entertain. With the internet user numbers swelling up since the pandemic, there were nearly 5.18 billion internet users globally as of April 2023, which accounted for 64.6% of the world population, as per Statista.
Social media is one of the most popular online activities. In 2022,…
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source: https://news.oneseocompany.com/2023/09/21/meta-meta-platforms-meta-booking-holdings-bkng-and-snap-stocknewscom_2023092150419.html
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