2 Growth Stocks to Buy in June
Many investors may not perceive retailing as a growth industry. Prominent players in the industry, such as Walmart, have often logged single-digit comparable sales growth and usually sell at average earnings multiples.
However, innovations in retailing niches such as e-commerce have often spawned notable growth stocks. And amid the recent market struggles, internet and direct marketing retail stocks such as Amazon (NASDAQ: AMZN) and Etsy (NASDAQ: ETSY) present unique opportunities.
Amazon's recent 20-for-1 stock split could give this struggling stock a boost. Stock splits do not change the fundamentals, but the lower price could make shares more attractive to smaller investors, a factor that might increase demand and liquidity.
Source Fool.com