Five Internet Stocks That Have Bucked the Trend in '08

post from Internet Sector and Stocks Analysis from Seeking Alpha on 24 July 2008 05:12:53 AM. © Internet Sector and Stocks Analysis from Seeking Alpha

eChristian Investing submits:

We recently crossed the half-way point for 2008 and so far this has been an incredibly bad year for internet stocks. Of the eight internet sectors that we cover, all eight are averaging negative returns for the year. The worst hit have been the small caps, internet content and e-commerce stocks which have all fallen by over 28% ytd.

Despite the dismal performance of the overall market, there have been a (small) handful of stocks that have posted decent gains this year. Of the almost 60 stocks in our internet coverage universe, five have posted gains of over 15% for the year. A quick scan of this list shows that investors seem to be on board with Chinese gaming stocks.

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