Amazon.com (AMZN) is up 11% today following strong earnings news. Internet stocks in general have shown strong relative strength recently after hitting lows in August. The simplest way to grab a piece of this sector is to buy the Merrill Lynch Internet HOLDRs (HHH). The top holdings in this ETF include: Yahoo (YHOO), eBay (EBAY), Time Warner (TWX), Amazon.com (AMZN) and E-Trade (ET).
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.