The Internet refers to the World Wide Web, which is the familiar “www” prefix found in all web site URLs. The Internet is one of the top innovations over the last few decades, and it has become a critical platform for both businesses and people. The significance of the Internet in the global marketplace is only expected to grow going forward.
As I have recently discussed in this column, I am positive on the technology sector, yet there is also some obvious froth in these stocks, namely in the social media space.My freshman son in high school is currently producing a sports blog that I admit is pretty good. In less than a week since going live, his blog has more than 40 unique visitors. Read More
We all know about some of the insane valuations with social media and Internet services stocks, such as Twitter, Inc. (NYSE/TWTR), Facebook, Inc. (NASDAQ/FB), and Yelp, Inc. (NYSE/YELP), as I have discussed in these pages before. (Read “Two More Internet Stocks to Watch.”)These valuations make it extremely risky to buy, as a change. Read More