2 E-Commerce Stocks You Can Buy and Hold for the Next Decade
E-commerce took a breather in 2022 as difficult comparisons with 2021 and macro headwinds cooled off growth across most of the sector.
However, that doesn't mean the high-growth days in the sector are gone for good. Technological innovations like augmented reality should help spur adoption in areas like home furnishings, and delivery speeds will continue to improve as well. Meanwhile, other external trends like remote work should also support the growth of e-commerce.
According to the Census Bureau, which tracks retail sales, e-commerce makes up less than 15% of retail sales in the U.S., even after years of double-digit growth. This shows there's still a huge opportunity, and e-commerce is an even smaller percentage of retail sales in international markets.
Source Fool.com
