The digital revolution of enterprises across almost all global industries is driving huge growth in the internet industry. Given the industry’s tailwinds, investors could consider buying fundamentally sound internet stocks, Chegg, Inc. (CHGG), trivago N.V. (TRVG), and Travelzoo (TZOO), with attractive valuations.
The increased availability of computers, the global modernization of nations, and the rise in smartphone usage have made internet access more frequent and convenient for people. The integration of the internet into everyday life through various devices and services has increased its usage, benefiting the industry. As of 2024, global internet users reached 5.35 billion, equating to 66.2% of the world’s total population.
