Two e-commerce stocks to watch out for in May

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e-commerce stock

The company reported that its Q1 revenue increased by just 1.5% from a year earlier to $88 million. By comparison, Fiverr’s revenue rose by 27% year-over-year in the first quarter of 2022. Analysts now question Fiverr’s future growth prospects in an era of chatbots and increasing reliance on AI for tasks. Today, SHOP stock is down 63% from the all-time high it reached in November 2021.

e-commerce stock

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We round up a selection of stocks in or related to the internet retail industry, weighting the list more heavily towards popular mid- and large-cap US stocks. Banking services and bank accounts are offered by Jiko Bank, a division of Mid-Central National Bank, Member FDIC. Seeks investment results, before fees and expenses, that correspond to the performance of the ProShares Long Online/Short Stores Index. Etsy’s growth is declining, with a 5% decrease in gross merchandise sales reported in Q1 of this year. The shares also peaked in November 2021, and since then have fallen 70%.

Sea Limited is a global consumer internet company headquartered in Southeast Asia but with operations around the globe. Macy’s stock opened the day at $16.24 after a previous close of $16.03. Macy’s is listed on the NYSE, has a trailing 12-month revenue of around USD$24.9 billion and employs 94,570 staff. Shutterstock stock opened the day at $48.59 after a previous close of $48.42. Shutterstock is listed on the NYSE, has a trailing 12-month revenue of around USD$844 million and employs 1,328 staff.

Chewy

Be sure to consider both the benefits and potential drawbacks of investing in https://forexhistory.info/s before you buy, and never invest more than you can afford to lose in an individual company. The e-commerce market is rapidly expanding and changing, making it important for investors to keep up with shifting consumer preferences. Look for companies with a strong track record of revenue growth or with unique consumer experience models in place that can help drive growth. The U.S. is one of many countries with a thriving e-commerce industry.

JD-com Inc Adr stock opened the day at $34.19 after a previous close of $34.02. JD-com Inc Adr is listed on the NASDAQ, has a trailing 12-month revenue of around USD$1 trillion and employs 450,679 staff. Alibaba Group Holding stock opened the day at $83.23 after a previous close of $83.55. Alibaba Group Holding is listed on the NYSE, has a trailing 12-month revenue of around USD$868.7 billion and employs 235,216 staff. EBay stock opened the day at $45.00 after a previous close of $44.60. EBay is listed on the NASDAQ, has a trailing 12-month revenue of around USD9.8 billion and employs 11,600 staff.

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But the long-term outlook for the e-commerce industry remains positive. Data from Statista is projecting it to hit $4 trillion this year. Meanwhile, online purchases only made up about 15% of all retail sales last year, suggesting the market is nowhere near hitting its ceiling. Not everything was rose-colored for the company in the first quarter, as it laid off 20% of its workforce and exited its logistics business. But Shopify’s sales and GMV increases show that even during a tough economic time, the company still attracts retailers to its platform.

Now that you understand e-commerce and the major companies that make up the e-commerce industry, you’re ready to compare stocks on MarketBeat. The following are some fast answers to new e-commerce investors’ last-minute questions. If individual e-commerce stocks aren’t the right option, you have options. The following are two common alternatives to stock orders that help provide exposure to the future of e-commerce. E-commerce (short for “electronic commerce”) refers to buying and selling goods and services online. While e-commerce has been a major portion of the economy well before the COVID-19 pandemic, lockdown laws exacerbated consumer preferences toward online spending.

Solid Stocks to Buy on Booming E-commerce Sales

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period. The Global X E-commerce ETF (EBIZ) seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive E-commerce Index.

  • On the Public app, you can start with any stocks and ETFs that interest you, marking them as favorites without investing and keeping an eye on them as part of your daily or weekly routine.
  • Broadly speaking, there are two ways you can invest in e-commerce sector stocks in India.
  • Chewy stock opened the day at $38.96 after a previous close of $38.67.
  • Wayfair Inc. engages in the e-commerce business in the United States and internationally.
  • You may not realize that some of the big-name brands you’re purchasing your products from online are available to buy (in the form of shares!).
  • Overstockcom stock opened the day at $31.92 after a previous close of $30.57.

However, analysts do not think the current price reflects the company’s actual value, as the average analyst price target sits at $125.76, reflecting over 50% upside from today’s level. As a result, Etsy is rated as a Moderate Buy based on 12 Buys, five Holds, and one Sell. According to analysts, the following three e-commerce stocks have upsides ranging from 25-80%. Etsy, Chewy, and Sea are seen as top ways to invest in this trend with upside of 25% or more for each.

In this article, we will outline the current trends for e-commerce and introduce you to investing in fast-growing stocks you can try for your next investment experience. Just consider that with these companies, there are other terrific options, such as Monster Energy or Altria, one of the biggest stock gainers in the sector. Still, according to the latest trends from these commerces, they have great potential for development, making them attractive investments.

ETSY vs. EBAY: Which E-Commerce Stock is Better? – Nasdaq

ETSY vs. EBAY: Which E-Commerce Stock is Better?.

Posted: Thu, 22 Jun 2023 23:14:00 GMT [source]

Shopify Inc. , a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. Retail sales in the U.S. total more than $5 trillion a year ($6 trillion when you include restaurants). Interestingly, less than 10% of all retail sales take place online, meaning that the e-commerce market today is worth about $500 billion to $600 billion. In the past ten years, e-commerce sales had grown 15% year over year. As technology improves and payments become more streamlined, the e-commerce industry certainly is benefiting and riding from this technology upgrade.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset https://bigbostrade.com/ Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Solactive AG, nor does Solactive AG make any representations regarding the advisability of investing in the Global X Funds.

e-commerce stock

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