Buy the Dip on These 2 Emerging-Market E-Commerce Stocks
Concerns about global inflation, rising borrowing costs, and economic impacts from the war in Ukraine have been overwhelming the stock market all year. Year to date, the S&P 500 has tumbled 23%, and the Nasdaq Composite has slipped 32%, as investors have cast aside high-growth technology companies and instead relied on safer assets like bonds and value stocks.
E-commerce businesses have felt the chaos. After enjoying a major boost during the pandemic, online shopping platforms have seen demand tempered of late. But with the global e-commerce market set to surpass $7.5 trillion by 2030, up from $3.9 trillion today, investors can be confident that ongoing headwinds are temporary.
Here are two emerging-market e-commerce stocks that investors shouldn't hesitate to pounce on today.
Source Fool.com
