3 E-Commerce Stocks You Can Buy and Hold for the Next Decade
The global e-commerce industry will approach $4 trillion in revenue this year, according to Statista. That suggests there's a lot of opportunity to go around. Moreover, Statista estimates that e-commerce revenue will continue growing at a greater than 11% compound annual rate for the next several years, putting a lot of incremental revenue up for grabs as well.
Clearly, e-commerce is something for investors to pay attention to. And I believe Amazon (NASDAQ: AMZN), eBay (NASDAQ: EBAY), and MercadoLibre (NASDAQ: MELI) are three of the safest and best e-commerce investment opportunities for the coming decade. Let's find out a bit more about these three e-commerce stocks.
Amazon is an e-commerce giant that needs no introduction. But there's a specific reason I like this business for the next decade: I don't believe any pure e-commerce player can catch up to Amazon's infrastructure within the next 10 years.
Source Fool.com
