Meta, Uber ແລະຫຼັກຊັບອິນເຕີເນັດອື່ນໆທີ່ຈະຊື້ຫຼັງຈາກຕະຫຼາດໃຫຍ່ຫຼຸດລົງ

ຂະຫນາດຂອງຂໍ້ຄວາມ

Internet stocks have tumbled worse than the general market as investors have worried about the potential for a broad-based economic slowdown. But RBC Capital Markets says the selloff is now providing buying opportunities.

ໄດ້

First Trust Dow Jones

Internet Index Fund (ticker: FDN), which tracks the performance of the Dow Jones Internet Composite index, has declined 40% this year, compared with the

S&P 500
's
ຫຼຸດລົງ 19%.

“Post the carnage that was the Q1 internet reporting season, we zoom out to identify names looking more washed out versus those where there’s more downside risk,” analyst Brad Erickson wrote on Thursday.

The analyst said valuations have become overly pessimistic relative to fundamentals for certain companies. Some internet stocks could be more resilient, he noted, even if the economic environment deteriorates during the second half of the year.

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ຈົດ ໝາຍ ຂ່າວລົງທະບຽນ

ໜັງ ສືພິມ Barron's Daily

ການສະຫຼຸບໂດຍຫຍໍ້ໃນຕອນເຊົ້າກ່ຽວກັບສິ່ງທີ່ທ່ານຕ້ອງການຮູ້ໃນວັນຂ້າງ ໜ້າ, ລວມທັງການສະ ເໜີ ຄຳ ເຫັນສະເພາະຈາກບັນດານັກຂຽນ Barron ແລະ MarketWatch.

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As a result, the analyst reaffirmed his Outperform ratings for

ຈອງປີ້ຍົນ

(BKNG) with a $2,800 price target,

Meta Platforms

(

FB

) with a $240 price target, and

Uber Technologies

(UBER) with a $46 price target.

There have been signs the travel business will be robust for the intermediate future. Earlier this month, Booking ລາຍງານ better-than-expected first-quarter earnings. Its management said it was preparing for a “busy summer travel season.” Erickson also expects the online travel agency to gain more market share in the U.S. and benefit from increasing cross-border international business.

ແລະໃນວັນພຸດ,

ເປົ້າຫມາຍ

(TGT) management told investors they saw consumers dramatically shifting spending away from physical merchandise toward “going out” experiences, which may bode well for travel.

Regarding Meta, the analyst said he was surprised with is recent conversations with ad agencies that suggested solid spending trends on the Facebook social media platform.

“FB was called out by several respondents as potentially being better insulated than other ad players,” he wrote. Ad agencies “called out FB spend as potentially being a latter cut to ad spend in the event of a broader slowdown.”

Finally, Erickson believes Uber shares are attractive after a 44% decline this year. The company has “structural advantages driver supply wise, higher incentives now de-risked, strong travel tailwinds to come.” It should also help that the ride-hailing company ໄດ້ສົ່ງອີເມວ its employees earlier this month to cut back on hiring and reduce marketing expenditures in its quest to improve profitability.

ຂຽນຫາ Tae Kim ຢູ່ [email protected]