3 E-Commerce Stocks That Could Help Make You a Fortune
Many e-commerce companies experienced big growth spurts during the pandemic as brick-and-mortar stores closed down. That acceleration coincided with a surging interest in growth stocks from retail investors, many of whom invested their stimulus checks in the market.
Those two tailwinds propelled many e-commerce stocks to all-time highs last year. But over the past six months, most of those stocks plummeted as investors fretted over their challenging year-over-year comparisons in a post-lockdown world. The broader retreat from pricier tech stocks -- which was largely driven by inflation, rising interest rates, and other macroeconomic headwinds -- exacerbated that painful sell-off.
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Source Fool.com
