![]() ![]() ![]() The Growth Style Score analyzes the growth prospects for a company and evaluates its corporate financial statements.īy concentrating on Zacks Rank #1 and 2 stocks, growth investors can easily screen for companies, utilizing Zacks Stock Screener, exhibiting these stellar growth rates with a likelihood of it continuing. Markedly, growth investors are primarily focused on stocks with aggressive earnings growth or revenue growth, which should propel their stock price higher in the future. You can see the complete list of today’s Zacks #1 Rank stocks here. Here we zero in on five Internet-focused stocks that are well-poised to grow in the backdrop of the new normal lifestyle owing to the pandemic.Įach of these stocks has a favorable combination of a Growth Score of A and a Zacks Rank #1 (Strong Buy) or 2 (Buy). ![]() The practice of social distancing in a bid to contain the virus spread has bolstered the usage of Internet-of-Things (or IoT) based services, robotics, e-commerce, contactless payment and online delivery solutions, worldwide.ĭemand for SaaS-based (or Software as a Service) applications pertaining to employee collaboration, cybersecurity, infrastructure monitoring, asset performance management and human capital management solutions, telehealth care, remains significantly high.Īdditionally, stay-at-home wave has increased user engagement across social-media platforms, online gaming, music and video streaming services. It goes without saying that the Internet has been a key factor in facilitating digital transformation across industries and innovations in cloud computing. In fact, most economies globally are enduring the ordeal on the back of services related to video conferencing, gaming, online learning, to name a few. In fact, the importance of the Internet will continue to increase amid this pandemic with no vaccine yet in sight. The significance of the Internet amid the pandemic cannot be overstated as it emerged as a beacon of light helping people cope with the new normal. The optimism surrounding Internet stocks can be ascertained by the robust performance of Invesco NASDAQ Internet ETF, which has rallied 42.5% on a year-to-date basis compared with the SPDR S&P 500 ETF’s return of 2.2%. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |