Post-Earnings, This E-Commerce Stock Is a Screaming Buy
E-commerce stocks have been big winners over the last year, but some have gotten more attention than others.
CarParts.com (NASDAQ: PRTS) surged in the early stages of the crisis as sales from the small-cap stock formerly known as U.S. Auto Parts ramped up, riding tailwinds in both e-commerce and auto parts.
However, over the last few months, the stock has traded sideways as investors seem to believe its growth will soon normalize. The analyst consensus for 2021 revenue growth is just 11%, for example, following 58% top-line growth last year.
Source Fool.com