Coronavirus chaos creates an 'attractive entry point' for internet stocks, UBS says

Investors looking to buy the dip amid coronavirus volatility should shift cash to internet stocks, UBS analysts said Friday.
The outbreak has driven spikes in the usage of online streaming, tutoring, and medical consultation services, and the risk of increased time indoors could further boost the sector, according to the bank.
The sector faces risks from antitrust regulation around big tech firms and connections to the travel industry, the bank warned.
UBS recommends exposure to the Nasdaq Inter