The Best Internet Stocks for 2023 You Can Buy Now | Summary and Q&A

15.1K views
October 19, 2022
by
Let's Talk Money! with Joseph Hogue, CFA
YouTube video player
The Best Internet Stocks for 2023 You Can Buy Now

TL;DR

The Bow Tie Index is a market index that helps investors choose the top-performing stocks in the Internet sector, with the potential for strong returns. Alphabet (GOOGL), Comcast (CMCSA), and Meta Platforms (META) are highlighted as top picks.

Install to Summarize YouTube Videos and Get Transcripts

Questions & Answers

Q: What is the goal of the Bow Tie Index?

The Bow Tie Index aims to help investors identify the best-performing stocks in the Internet sector and potentially achieve higher returns than the broader market.

Q: How are the stocks selected for the Bow Tie Index?

The stocks are chosen based on quantitative and qualitative factors. Quantitatively, factors such as sales growth, profitability, and valuation are considered. Qualitative factors, which will be covered in a forthcoming video, further refine the selection.

Q: Why is Alphabet (GOOGL) included in the Bow Tie Index?

Alphabet dominates the online search market, with a strong presence in YouTube and its Android ecosystem. The company shows impressive profitability and offers hidden value through additional businesses like Waymo and DeepMind.

Q: What sets Comcast (CMCSA) apart as an Internet stock?

Comcast has a dominant market share in the broadband internet market and consistently generates cash flow through its cable and streaming segments. Despite its modest sales growth, its strong market position makes it a compelling investment.

Q: Can you explain the factors used to find the top stocks for the Bow Tie Index?

The factors include growth rates in sales and profitability, comparing current and historical performance. Additionally, a valuation filter using the price-to-earnings-to-growth (PEG) ratio helps identify growth stocks with attractive valuations.

Summary & Key Takeaways

  • Joseph Hogue introduces the Bow Tie Index, an official market index that focuses on selecting the best stocks in the Internet sector.

  • The index is based on the top-performing stocks in each sector, with a specific emphasis on Internet, media, and telecom companies.

  • Alphabet (GOOGL), Comcast (CMCSA), and Meta Platforms (META) are three stocks in the index that show strong growth potential and attractive valuations.

Share This Summary 📚

Summarize YouTube Videos and Get Video Transcripts with 1-Click

Download browser extensions on:

Explore More Summaries from Let's Talk Money! with Joseph Hogue, CFA 📚

Summarize YouTube Videos and Get Video Transcripts with 1-Click

Download browser extensions on: