Updated

Updated · stockstory.org · Jun 10

StockStory Backs 3 Internet Stocks as Sector Trails S&P 500 by 26.8 Percentage Points

Updated

Updated · stockstory.org · Jun 10

StockStory Backs 3 Internet Stocks as Sector Trails S&P 500 by 26.8 Percentage Points

1 articles · Updated · stockstory.org · Jun 10

StockStory named Snap, Remitly and MercadoLibre as its preferred consumer internet picks, arguing durable earnings and cash-flow trends can outweigh a weak sector backdrop.
19.3% is how much the internet group has fallen over six months, versus a 7.5% gain for the S&P 500, a gap the report says has created selective opportunities.
Snap trades at 8.2x forward EV/EBITDA, with 24.5% annual EPS growth over three years and an 8.8-point improvement in free-cash-flow margin.
Remitly trades at 8.6x forward EV/EBITDA, supported by 28.4% annual active-customer growth, while MercadoLibre trades at 18.1x with 77.7% ARPU growth and 45.9% annual EPS growth.

Sources

Why are 'elite' consumer internet stocks thriving while the overall sector is in a steep decline?

With blockchain promising cheaper remittances, can Remitly's current business model survive the next five years?

Is Snap's future in AI-driven advertising or in building a subscription-based social media giant?

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