3 Top E-Commerce Stocks to Buy in December
The trend away from brick-and-mortar stores toward e-commerce is undeniable. In 2019, 15.2% of total third-quarter retail sales were conducted online. That statistic rose to 18.8% during 2020, fueled by pandemic behaviors. It has receded to 18.1% in 2021, but a two-year 3% gain is massive considering it represents market share of $34 billion. E-commerce is expected to capture around 23% of retail sales by 2025. Investors were rewarded during 2020 for choosing online retailers, yet the market favored physical stores rather than their digital counterparts in 2021.
During the last month of the year, investors should begin looking for potential 2022 e-commerce winners. Etsy (NASDAQ: ETSY), Shopify (NYSE: SHOP), and MercadoLibre (NASDAQ: MELI) are three companies in this space whose stocks have the potential for a strong 2022.
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Source Fool.com
