1 E-Commerce Stock to Buy and 1 to Sell After Q2 2020 Earnings
E-commerce has been cemented as a necessity by the pandemic this year. As a result, many stocks in this realm have been off to the races. Even Amazon (NASDAQ: AMZN) and its 10-figure valuation has been a huge winner with shares up over 60% year to date as of this writing.
But not all digital commerce stocks are sure-fire buys. Investors should tread lightly with software developer and online store manager BigCommerce (NASDAQ: BIGC) after its first report as a publicly-traded company. Online pet retailer Chewy (NYSE: CHWY), on the other hand, looks like a relative value.
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Source Fool.com