This E-Commerce Stock Is Up 1,000% in the Last Two Years. Can it Keep Soaring?
Every investor knows by now that e-commerce companies have been among the big winners during the coronavirus pandemic.
Stocks like Etsy, Shopify, and Wayfair have soared as online sales have skyrocketed with Americans reluctant to venture to stores and spending more time at home than usual.
However, one of the best-performing e-commerce stocks during the crisis has been mostly ignored by the market. Shares of CarParts.com (NASDAQ: PRTS), the leading online seller of auto parts, are up nearly 400% year to date, and at one point were up close to 600%. Still, the stock hasn't gotten nearly the level of attention that some of the more popular e-commerce plays have.
Source Fool.com
