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ETF Spotlight: Internet Sector
by alexoscarew | January 13, 2013 at 02:55 am
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ETF Spotlight: Internet Sector
Last year Internet stocks and exchange traded funds managed to post gains despite the Facebook (NasdaqGS: FB) IPO flop early on. The S&P 1500 Internet Retail sub-industry gained 43.5% while the Internet Software and Services sub-industry gained 22.2%.
“The story for the internet industry has certainly not been much different, though as of late it has comparatively fared better than most of its technology sector counterpart industries. Furthermore, the industry has come a long way from the dark days of the dotcom burst which shook its very foundations,” according to Zacks Equity Research.
http://newsdoors.blogspot.com/2013/01/etf-spotlight-internet-sector.html
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