Why Internet Stocks & ETFs Can Keep Rising

Video Length 00:08:29

Internet stocks & ETFs have been among the top performers not only this year but over the past decade because internet is fundamentally transforming our economy and society. And this trend has accelerated amid the pandemic as people around the world, stuck at home, are dependent on the internet for work, school and entertainment.

“We’ve seen two years’ worth of digital transformation in two months,” per Satya Nadella, CEO of Microsoft (MSFT - Free Report). Some of these changes will be permanent, for example, shopping online or using electronic payments, as more businesses have moved online and to contactless payments.

The First Trust Dow Jones Internet ETF (FDN) holds the largest and most actively US Internet companies. Its top holdings include Amazon (AMZN - Free Report), Facebook (FB - Free Report), and Netflix (NFLX - Free Report).

The Invesco NASDAQ Internet ETF (PNQI) invests in the largest and most liquid US-listed internet companies. Amazon, Facebook, Alibaba (BABA - Free Report), and Alphabet (GOOGL - Free Report) are among the top holdings.

The O’Shares Global Internet Giants ETF (OGIG) selects internet companies for revenue growth, profitability, and strong balance sheets. Amazon, Alphabet, Microsoft, Tencent (TCEHY - Free Report), and Alibaba are its top holdings.

Disclaimer: Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and ...

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