Dot Com Boom II.
According to Mark Lyttleton, BlackRock’s UK Absolute Alpha Fund Manager, people are getting excited about long-term growth in internet stocks again, with the share price of these companies increasing.
Shares for online grocery shop Ocado, were around 180p last summer, but are now valued around 223.7p. Another online company, ASOS shares are currently 1,836p up from 456.25 less than a year ago.
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