Core Viewpoint - The Zacks Internet - Content industry is experiencing growth driven by strong demand for digital offerings, video content, and cloud-based applications, although it faces challenges from macroeconomic conditions and regulatory pressures [1][4]. Industry Overview - The industry includes providers of video encoding platforms, Internet content, staffing services, and online travel companies, with advertising as a major revenue source [2]. - Companies are expanding their digital presence across social media, display, connected TV, and search to attract customers [2]. Trends Influencing the Industry - There is a growing demand for digital offerings, with technological advancements and an increase in mobile and cloud-based services acting as growth drivers [3]. - Advertising and subscriptions are key revenue sources, but macroeconomic challenges like inflation and higher interest rates are expected to negatively impact ad spending [3]. Regulatory Environment - Increased regulatory pressure is affecting industry participants, particularly in China and the EU, with regulations on direct advertising and data protection adding to operational challenges [4]. Industry Performance - The Zacks Internet - Content industry ranks 53, placing it in the top 21% of over 250 Zacks industries, indicating positive near-term prospects [5]. - The industry has underperformed compared to the S&P 500 and the broader Zacks Computer and Technology sector, with a growth of only 1.5% over the past year [8]. Valuation Metrics - The industry is currently trading at a trailing 12-month price-to-sales ratio of 6.10X, slightly below the S&P 500's 6.27X and the sector's 6.86X [9]. Notable Companies - **Yelp**: Benefiting from higher ad spending and improved customer retention, with a 2024 earnings estimate increase of 11.5% to $1.65 per share [10]. - **Angi**: Experiencing growth from programmatic ad rates and digital licensing, with a 2024 earnings estimate increase of 12.8% to $0.88 per share [12]. - **Opera Limited**: Strong advertising business and user growth, with a 2024 earnings estimate increase of 12.8% to $0.88 per share [14][15].

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and fundamental ...

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying strong candidates can be challenging. Yelp (YELP) is highlighted as a promising growth stock based on its favorable Growth Score and top Zacks Rank [1][6]. Earnings Growth - Yelp has a historical EPS growth rate of 32.4%, with projected EPS growth of 22.1% for the current year, significantly outperforming the industry average of 12.1% [3]. Asset Utilization Ratio - Yelp's asset utilization ratio stands at 1.38, indicating that the company generates $1.38 in sales for every dollar in assets, compared to the industry average of 0.69. Additionally, Yelp's sales are expected to grow by 6.2% this year, while the industry average is 0% [4]. Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Yelp, with the Zacks Consensus Estimate for the current year increasing by 10.9% over the past month, contributing to its Zacks Rank 1 status [5][6].

Yelp (YELP) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of a changi ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: CC0 Public Domain For years, Yelp has complained about Google's practices, alleging that the tech giant placed its own products above competitors in Google search results. Yelp says when a customer searches, say, for "restaurants in Brooklyn," Google prioritizes putting its own summary and ratings above non-sponsored r ...

Yelp has filed an antitrust suit against Google, alleging the tech giant's search engine dominance allows it to engage in unfair business practices against local search competitors.Yelp, which features reviews and information such as menus and operating hours for businesses like restaurants and cleaning services, filed suit against Google in a San Francisco federal court."Abandoning its stated mission to deliver the best information to users, Google has illegally abused its monopoly in general search to dom ...

KEY TAKEAWAYSBusiness review site Yelp sued Alphabet's Google in a San Francisco federal court, claiming the search giant uses its dominance to steer users to its own content.Yelp is seeking an order for Google to stop practices it says are anticompetitive, as well as unspecified monetary damages.The move comes just weeks after a federal judge ruled that Google violated antitrust laws by maintaining an illegal monopoly in search, a ruling the tech giant is appealing.Google said Yelp's claims aren't new and ...

Yelp, the local recommendations company, has filed an antitrust suit against Google, claiming that the company's dominance in search allows it to engage in unfair business practices against local-search competitors.Yelp features reviews and information such as menus and operating hours for businesses such as restaurants and cleaning services. It filed suit against Google in a San Francisco federal court.In a post on its website, Yelp CEO Jeremy Stoppelman said, "Abandoning its stated mission to deliver the ...

Yelp slapped Google with an antitrust lawsuit that accuses the search giant of leveraging an illegal monopoly to promote its own reviews at the expense of rivals – just weeks after a federal judge ruled that the Big Tech company was a “monopolist.”The lawsuit claims Google relies on its dominant hold on general search to “divert traffic away from those rivals and toward Google’s own inferior local search product,” according to the complaint filed in federal court in San Francisco on Wednesday.Yelp, a longti ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and t ...