By Scott Kessler In less than a month (from April 4), the mid-cap Internet stock segment, as measured by TheStreet.com Internet Index, has surged 56% vs. gain of 15% in S&P 500. S&P believes investors are buying shares on the hope that the worst is over for dot-com stocks. Moreover, survivors in this sector will come back stronger and wiser, with a new emphasis on operations, costs and profits, and reduced competition.
S&P's favorite mid-cap Internet market leaders, each of which is ranked 4
STARS (accumulate): Akamai Technologies (AKAM), DoubleClick (DCLK) and RealNetworks (RNWK). Kessler is Standard & Poor's Internet analyst