1 Internet Stock on Our Watchlist and 2 Facing Headwinds

Consumer internet businesses are redefining how people engage with the world by giving them instant connectivity and convenience. This influence cuts both ways though because they have high exposure to the ups and downs of consumer spending, and the market seems to believe the tide is turning in the wrong direction - over the past six months, the industry has tumbled by 17.9%. This drop is a noticeable divergence from the S&P 500’s 4.8% return.