It's not hard to see why Wall Street is avoiding Wayfair (NYSE: W) stock today. Growth trends look awful compared to a year ago, and the e-commerce specialist is losing money at a time when consumer demand might be slowing even further.
The good news is that Wayfair might continue winning market share in the home furnishings sector so the inevitable industry rebound puts it back on pace to dramatically increase sales over the next decade.
Let's take a closer look at whether that bullish outlook makes sense today, or if Wayfair instead is likely to be a drag on investors' portfolios from here.
Source Fool.com