3 E-Commerce Stocks You Can Buy and Hold for the Next Decade
Many e-commerce stocks soared last year as the pandemic forced more people to shop online. But as more businesses reopened, many of those stocks lost their luster as investors fretted over post-pandemic slowdowns.
However, investors shouldn't simply sell all of their e-commerce stocks as the pandemic passes. After all, the global e-commerce market could still expand at a compound annual growth rate (CAGR) of 16% from 2021 to 2026, according to Research and Markets, as the generational disruption of brick-and-mortar retailers continues.
Instead, investors should still buy and hold e-commerce stocks that could still head much higher over the next 10 years. I believe these three high-growth e-commerce stocks fit that description: MercadoLibre (NASDAQ: MELI), Sea Limited (NYSE: SE), and Coupang (NYSE: CPNG).
Source Fool.com
