Alphabet and Remitly were highlighted among three internet stocks seen delivering sustainable market-beating returns as consumer internet tailwinds persist.
11.8% sector gains over the past six months reflect secular shifts in shopping, media and online behavior, though the report argues only companies with durable moats will keep outperforming.
Alphabet, valued at $4.19 trillion, was cited for Google Search's dominance, rising operating margins across Search, Cloud and YouTube, and long-term EPS growth reinforced by share buybacks.
Remitly, with a $5.39 billion market cap, was favored for 25.8% annual active-customer growth over two years, 163% annual EPS growth over three years and a 43.1-point jump in free-cash-flow margin.
The picks pair scale and profitability with valuation support, with Alphabet at 25.9x forward earnings and Remitly at 11.5x forward EV/EBITDA.