Two innovative plays on the growth of the internet

One thing that’s not about to vanish, whatever the state of the economy, is the internet and many internet stocks are very cheap, says Paul Hill. Here, he tips two internet stocks to buy now

One thing that's not about to vanish, whatever the state of the economy, is the internet. With the exception of Facebook, many internet stocks are very cheap.

1. Pace (LSE: PIC), rated a BUY by JP Morgan

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Paul gained a degree in electrical engineering and went on to qualify as a chartered management accountant. He has extensive corporate finance and investment experience and is a member of the Securities Institute.

Over the past 16 years Paul has held top-level financial management and M&A roles for blue-chip companies such as O2, GKN and Unilever. He is now director of his own capital investment and consultancy firm, PMH Capital Limited.

Paul is an expert at analysing companies in new, fast-growing markets, and is an extremely shrewd stock-picker.