The COVID-19 Crisis Can’t Sink These 3 E-Commerce Stocks
The COVID-19 pandemic crushed many stocks over the past few months, but a trio of resilient e-commerce stocks -- Shopify (NYSE: SHOP), Amazon (NASDAQ: AMZN), and JD.com (NASDAQ: JD) -- seemed immune to that sell-off. Shopify's stock rose nearly 50% this year, while shares of Amazon and JD advanced more than 20%.
Let's see if these three stocks are still worth buying.
Shopify's e-commerce tools -- which include digital storefronts, marketing tools, payment tools, and other services -- help merchants digitize their offline businesses. Demand for those services spiked over the past few years and Shopify's revenue soared 59% in 2018 and another 47% in 2019.
Source Fool.com
