2 E-Commerce Stocks That Could Skyrocket, According to Wall Street
E-commerce stocks have been some of the worst performers over the last year. But online sales have continued to grow faster than the broader retail market, which could set up the potential for market-beating returns when online sale accelerate again.
Etsy (NASDAQ: ETSY) and Farfetch (NYSE: FTCH) are two leading e-commerce marketplaces that offer big upside, according to Wall Street analysts. Here's why these internet retail stocks could be substantially undervalued.
Shares of Etsy are about 65% off their all-time high and down 7% year to date. Slowing growth across the e-commerce market over the last year has weighed on Etsy's top line, but the specialty marketplace should emerge from the slowdown in a stronger position to drive growth.
Source Fool.com
