Meta, Amazon, DoorDash: Citi's Top Internet Stocks for 2025

As we approach the end of 2024, investors are looking ahead to the next year, seeking opportunities in the tech sector. Citi, a leading global financial services firm, has identified Meta, Amazon, and DoorDash as top internet stocks for 2025. Let's delve into the reasons behind these recommendations and explore the potential of these companies in the coming year.

Meta, the parent company of Facebook, Instagram, and WhatsApp, has been making strategic investments in the metaverse and virtual reality technologies. These forward-thinking moves position Meta for long-term growth by diversifying its revenue streams and tapping into emerging markets. The company's Reality Labs segment, focusing on AR and VR technologies, has seen steady growth, with revenue increasing by 45% year-over-year in Q2 2024. As the metaverse becomes more mainstream, Meta's early investments in this space could provide a significant competitive advantage, driving long-term growth and attracting new users. Additionally, Meta's strong balance sheet, with over $40 billion in cash and equivalents, allows it to continue investing in these innovative technologies, further solidifying its position as a leader in the internet sector.



Amazon, the e-commerce giant, continues to expand its services and infrastructure, solidifying its dominance in the market. The company's investment in logistics, data centers, and AI technologies enables it to offer fast, reliable, and personalized shopping experiences. Amazon's Prime membership program, with over 200 million paid members worldwide, fuels customer loyalty and drives repeat purchases. Additionally, Amazon's acquisition of Whole Foods Market and expansion into physical stores further strengthen its position in the market. With a market cap of $2.37 trillion and a P/E ratio of 48.22, Amazon remains an attractive investment opportunity for 2025.

DoorDash, the leading food delivery service, has been driving its competitive advantage through delivery and logistics innovation. The company has invested heavily in technology, such as its proprietary delivery algorithm and AI-powered route optimization, to improve delivery times and efficiency. Additionally, DoorDash has expanded its delivery services to include grocery and convenience store items, further differentiating it from competitors. The company's strategic acquisitions, such as Caviar and Wolt, have also strengthened its market position and expanded its reach. DoorDash's commitment to innovation and continuous improvement has enabled it to maintain a strong market share and attract new customers, making it a top internet stock for 2025 according to Citi.



In conclusion, Meta, Amazon, and DoorDash are well-positioned to continue their growth trajectories in 2025. Their strategic investments, expanding services, and commitment to innovation make them attractive investment opportunities for the coming year. As the tech sector evolves, these companies' ability to adapt and capitalize on emerging trends will be crucial to their success. Investors should consider these top internet stocks as they plan their portfolios for the coming year.