Skip to main content

Internet stocks - where are they headed ?

Interest in Internet/web companies is back with so much activity in Internet stocks. Here are some highlights:

- Yahoo and Microsoft talking again bringing Yahoo stock to almost same level as before the previous talks failed. Not bad for someone like Carl Icahn who already made over $120 M in just two week
- Amazon being added to Goldman Sachs focus list. I am strong believer in Amazon model and loyal customer. No wonder it is on my Model Portfolio 2008
- Google jumping by 20% in one day ($90) - biggest ever gain since it went public after Q1CY08 results
- CBS buying CNET for $1.8 B
- Chinese Internet companies (BIDU, SINA, SOHU) all near their highs

Looks like Internet stocks are back in favor. So is all the upside already priced in or are there any more gains to be made. My prediction is that there are still about 20% gains to be made in AMZN, BIDU and even Google. However since this market is so volatile and fortunes for these companies change so fast (remember Ebay, Yahoo who seem to be stuck for last few years), I would recommend buying INPIX ($93) if you want exposure to this sector. This could easily reach $110 in next 12 months giving 20% return

On another topic, watch out for some of the Chinese solar stocks like CSUN and SOLF - these stocks could move in big way either way depending on their earnings and forecasts.

/Shyam

Comments

Anonymous said…
hey shy

whats up...again congrats on the MBA...what field do you plan on going into???

Also are you risk arbing the CBS CNET deal??? I had finals last week and next week...Im loading up on the summer school courses both terms baby

Anyway friday was a bit crazy huh...you know my stance uber bear jerkwad that I am... well i freed up a bunch of stuff on thurday thinking fri would be flat perhaps light volume pump job... never expected to see the $vix get an almost 20 handle and $bix approach fed save levels (225 on soc gen and BSC days)

wierd stuff... have a good weekend and again congrats on the MBA
Shyam said…
Larry,

Good to hear from you and thanks for congratulations. I did finish my MBA and is planning to continue in my current job. Looks like you are planning to have busy summer. I would be traveling to India.

Did you check my post on solar stocks and recommendation on ESLR. For a change, my reco jumped by 20% after I recommended. I am planning to build some positions in solar stocks - did you make any analysis on those ? Any opinions ?
Anonymous said…
congrats on the call

I have read every 10q from FSLR...that is the only one I am familiar with...I like them and as far as I understand they are the low cost provider but thin film is not as "space effecient" as the poly silicone stuff

I really dont know too much about them... It is the P/E levels that scare me as well as some of the rumors about SOLF earnings and stuff... I can tell you though that FSLR is legit but I have no idea where the price per share goes if the market gets whacked again...Look at their 1yr charts and you can see they are all over the place...As far as long term investments they are likley wise choices as energy concerns will be an issue going forward

If I were going to get long solar I would want to do research on who is the closest to achieving "grid parity" ie cost of solar power is same or less then from the grid...also you can use a covered call strategy to perhaps reduce some of the volitility

have a good time in India...have some lamb vindaloo and chicken tikka for me

Popular posts from this blog

Clicks to Tokens: Will 2026 Echo 1998's Boom or 2000's Bust?

My "blogging" was in hibernation last 8 months due to my self-imposed restraint given the environment as well as built-in inertia to get started despite so many interesting events and markets reaching all time highs after taking a big dump around "Liberation Day" in Apr...Around that time I had the blog ready that it would be repeat of Mar/Apr 2020 panic and recovery during onset of Covid Pandemic. The hunch happened to be correct and I was glad that I could keep and take some positions which I am still holding especially around AI theme. But that was then...as 2025 is about to wrap up in 10+ weeks, let's look at what's in store for rest of 2025 and 2026. And what's better time than to start writing again just before one of the most important week on the calendar with multiple key events coming up next week... Fed meeting to decide the course of interest rates - it's almost guaranteed that Fed will cut rates by 25 basis points (2nd time in 2025) and...

2026: The Year of Convergence – Melt-up, Moonshots, or Mid-cycle Correction?

Happy New Year! After another period of self-imposed hibernation from the blog—partly due to the festivals, travel, intertia and partly to watch the dust settle on a chaotic 2025—I decided to use the quiet of this New Year’s morning to finally reboot.  Looking back at my October post,  “Clicks to Tokens,”  the hunch about the AI theme held firm. We spent much of 2025 debating whether we were in 1998 or 2000. As we enter 2026, the answer seems to be "neither and both." We have the roaring optimism of the 1920s fueled by "Silicon Spirits," but with the high-speed volatility of the 2020s. So, as the calendar flips, what is in store for 2026? Markets may experience melt-up (S&P touching 8000),  with some moonshots (like SpaceX and OpenAI) IPOs or even see mid-cycle correction bringing down S&P to 6000. That's a wide range and will be decided by Four R's... Here are my thoughts on the " Four R’s ":  Rates, Robots, Rotations, and Real Assets. 1. ...

Rockets, Relics & Roaring Markets: The $4 Trillion Crossroads of 1927 and 1999

Happy (almost) Summer! After watching Kevin Warsh get sworn in at a White House ceremony two days ago, tracking three S-1 filings that could collectively hoover up more capital than every U.S. IPO since 2022 combined, and watching 26-year-old stock charts finally break to new highs — it felt like the right moment to ask the uncomfortable question out loud. Are we at a party that ends gracefully, or one that ends with the furniture on fire? The market is simultaneously flashing the neon signs of 1999  and  the orchestral excess of 1927. Most commentators reach for the dot-com playbook. I think the original Roaring Twenties is the better map. Here's why... Assembly Lines to AI Clusters Ford's River Rouge complex was the largest industrial facility on earth in the 1920s — raw iron in one end, a Model T out the other. Steel, rubber, and oil became the picks-and-shovels of the age. GE and Westinghouse were electrifying factories and homes. The infrastructure buildout  was ...