Internet shares offer high yield potential
For a considerable time, internet companies were among the highest-yielding shares on global stock markets. However, since end of 2021, technology stocks have experienced a drastic correction in value. The Nasdaq 100 recorded a loss of 30.2 percent over the first half of 2022, while the Nasdaq CTA Internet Index (QNET) sector index lost as much as 44.7 percent over the same period.
BIT Capital Managing Director, Marcel Oldenkott, examines whether the current prices are rationally valued and explains what opportunities may arise for active investors in the current market environment.