2 E-Commerce Stocks You Can Buy and Hold for the Next Decade
Even though most e-commerce companies have already experienced the greatest boom their industry will likely ever see, there are still reasons to invest in them. This industry was heavily sold off during 2022 as businesses came up against tough comparisons. Though many have seen strong rebounds in 2023, plenty of reasons to buy them remain.
At the top of my list of top e-commerce stocks are Shopify (NYSE: SHOP) and MercadoLibre (NASDAQ: MELI). Read on to find out what makes these two great buys now and why they will be excellent investments over the next decade.
At one time, it was thought that no small- or medium-sized business could compete with Amazon. However, tools from Shopify made it possible for smaller competitors to succeed.
Source Fool.com
Shopify Inc Stock
We see a rather positive sentiment for Shopify Inc with 6 Buy predictions and 1 Sell predictions.
With a target price of 80 € there is a positive potential of 26.46% for Shopify Inc compared to the current price of 63.26 €.
