Analyzing New Age Internet Stocks: Expert Insights on Zomato, Nykaa, and More
Monday, 26 August 2024, 04:04
Key Trends in New Age Internet Stocks
The realm of new age stocks is showcasing significant volatility as investors look closely at internet stocks. Companies such as Zomato, Nykaa, and Paytm have experienced fluctuating stock prices, leading to strategic recommendations from experts.
Stock Price Trends
- Zomato has surged approximately 189% over the last year, showcasing incredible momentum.
- PB Fintech, parent of PolicyBazaar, has shown a 124% jump in stock price, reinforcing investor optimism.
- While CarTrade Tech has gained 75%, not all stocks have experienced similar success.
Expert Opinions on Investment Strategies
In this evolving landscape, experts emphasize profitability as a key factor for evaluating new age internet stocks. Notable insights highlight the importance of long-term strategies amidst varying stock performances.
- Aamar Deo Singh, Sr. VP of Research, emphasizes a focused approach on profitability.
- Ajit Mishra from Religare notes the importance of strategic growth alongside financial performance.
- Sujit Modi mentions potential growth avenues in untapped markets.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.