3 Large E-Commerce Stocks in 2021
Last year was a big one for online shopping. The coronavirus pandemic made it tough (if not impossible) for many to step foot in most brick-and-mortar stores. As a result, Digital Commerce 360 estimates e-commerce sales in the United States alone reached $861 billion in 2020, which was up 44% from 2019's levels. Amazon (NASDAQ: AMZN) was the e-commerce player that best managed to take advantage of the shift largely because it started the new year well equipped to handle the large expansion in online spending.
But what does 2021 hold for the e-commerce industry now that vaccines are being distributed and businesses and consumers have a better grasp of how to manage this new paradigm?
Here's a rundown of three top e-commerce names to watch in 2021. Not all are necessarily the largest e-commerce stocks as measured by market cap. But all three are positioned to produce the biggest and best growth stories this year.
Source Fool.com