3 Top E-Commerce Stocks to Buy in February
Global e-commerce sales hit nearly $5 trillion last year and could surpass $7 trillion by 2025. It's still a high-growth industry for investors, not even counting all of the complementary opportunities in areas like payments and logistics.
Many blue-chip e-commerce stocks have traded at sky-high valuations over the past couple of years, but the current tech stock sell-off is giving investors a shot at many stocks near 52-week lows. I've sifted through the market's chaos and rubble to find three potential winners worth considering in February.
E-commerce platform Shopify (NYSE: SHOP) helps merchants adopt e-commerce by providing easy-to-use software tools that enable sellers to open an online store. Today, more than 1.7 million merchants are selling on the platform, and the company has an 8.6% market share of e-commerce sales in the U.S., second only to Amazon.
Source Fool.com