3 No-Brainer Stocks to Buy in E-Commerce
E-commerce was already transforming the way we shop before the pandemic hit, but the impact of being stuck at home and reluctant to venture into stores has accelerated the transition.
According to data from the U.S. Census Bureau, e-commerce sales in the U.S. jumped by 32% last year, doubling from a historical growth rate around 15%, to reach nearly $800 billion, or nearly 15% of total retail sales. That growth is expected to continue as retailers keep investing in faster and more convenient delivery, and consumers grow more accustomed to shopping online.
2020 was a banner year for e-commerce stocks, but there are still some great options out there today. Let's take a look at three.
Source Fool.com
