2 E-Commerce Stocks You Can Buy and Hold for the Next Decade
One of the best areas to look for long-term investments is online retail. While some leaders will likely see growth decelerate in 2021 following the surge in order volume during the pandemic, that doesn't mean the e-commerce growth story is over. eMarketer now expects e-commerce sales to make up 15.5% of total retail sales in 2021, an upward revision from the initial estimate of 13.2%.
The pandemic seemed to lift the plateau for online shopping. Because of that, the post-pandemic environment is a big opportunity for Etsy (NASDAQ: ETSY) and Chewy (NYSE: CHWY) to win over new customers and deliver market-beating returns to investors over the next decade.
Source Fool.com