Of the 38 internet stocks that we follow, 22 stocks posted gains for the month versus only 15 losers (eBay was unchanged for the month).
The best internet stock performances for February 2009.
The company has done a remarkable job of consistently exceeding Wall Street’s estimates. However, it is very clear the company is facing some severe economic headwinds.
We see continued weakness in the travel sector into 2009 and only a moderate recovery in 2010.