3 Top E-Commerce Stocks to Buy Right Now
E-commerce is back to its old ways. After declining for most of the past two years, the niche is now growing as a percentage of the total retail pie. That rate has more or less steadily increased over the past 20 years and currently sits at 15.4%, compared to below 6% in mid-2013.
It's true that this isn't 1999 (and you can't buy Amazon for below $1 per share), but there is much more room for e-commerce to expand in the decades to come. And investors can still enjoy excellent returns with exposure to this niche as spending tilts toward convenient digital shopping. Let's look at three e-commerce stocks that appear especially attractive right now.
Wall Street is highly focused on the weak short-term outlook in the footwear industry today. Prices and profit margins are under pressure in 2023 as customer traffic has slowed. But there's a more enduring shift toward digital sales that could supercharge 's (NYSE: NKE) earnings growth for many years.
Source Fool.com
Nike Inc. B Stock
The stock is one of the favorites of our community with 61 Buy predictions and 2 Sell predictions.
With a target price of 110 € there is a hugely positive potential of 62.24% for Nike Inc. B compared to the current price of 67.8 €.
