This post was originally published on this site
The possible impact of rising omicron COVID-19 cases on the economic recovery could lead to further market volatility. However, JPMorgan analyst Doug Anmuth recently said e-commerce and subscription-based names are preferred, given easing comps, a reacceleration of growth, and an overall more favorable operating environment.
Anmuth’s favorite small and midcap internet picks are Match Group, Inc. (MTCH) and Bumble Inc. (BMBL). He expects both stocks to rally in 2022 as the economy continues to recover.
