E-Commerce Stocks in 2023: 3 Top Stocks Worth Highlighting

2021年5月7日

UBS analyst Eric Sheridan downgraded Chewy’s shares to Neutral on April 21, but the warning was primarily based on price. “Many of the long-term positive theses for Chewy are now reflected in the shares,” Sheridan wrote, while nonetheless raising his price target from $40 per share to $45. Perhaps even more impressive was Coupang’s margin expansion in the quarter. E-commerce is notoriously a tough business to crack, and Coupang has been no exception, with gross margins at low levels (especially during the pandemic).

Now that you understand the basics of e-commerce stocks, it’s time to explore some top market options. 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. Profitability continues to ramp up as well, driven by the growth of businesses like advertising, which takes advantage of the company’s ability to drive traffic to third-party sellers on its marketplace.

Biggest e-commerce stocks

SEA is one of the top ten holdings in the Aubrey Global Emerging Markets fund. On Monday, 4 January, Sea stock fell 10% on the back of the news that Tencent, one of Sea’s biggest investors, is decreasing its stake in the company. The value of Sea stock rose from around $20 in March 2020 to over $350 in November 2021, an increase of over 750%. Alibaba also offers real time video streaming features to increase engagement with its customers – a hybrid of TikTok and old-fashioned shopping channels. MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. E-commerce has hit a rough patch over the last year as a surge in the industry during the early stages of the coronavirus pandemic has given way to a slowdown. If a brand is a referral partner, we’re paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Com, Inc. provides supply chain-based technologies and services in the People’s Republic of China.

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You can understand the excitement over Chewy given some of the numbers in its fiscal fourth-quarter earnings report, which was released in April. Its adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) margin was -0.4%, and stark improvement from -5.1% in the year-ago quarter. Its 13.5 million active customers improved by 2.9 million from a year ago. “We are encouraged by our increasing sales momentum, yet remain highly focused on our plan to rapidly reach profitability and positive free cash flow,” CEO Niraj Shah said in the same statement. “The additional capital we are raising, though not strictly necessary, should only enhance our ability to successfully navigate through any market backdrop.”

When comparing offers or services, verify relevant information with the institution or provider’s site. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. Macy’s, Inc. , an omni-channel retail organization, operates stores, websites, and mobile applications in the United States. The company sells a range of merchandise, such as apparel and accessories for men, women, and kids; cosmetics; home furnishings; and other consumer goods under the Macy’s, Bloomingdale’s, and bluemercury brands. Wayfair Inc. engages in the e-commerce business in the United States and internationally.

What is e-commerce stock?

PayPal is listed on the NASDAQ, has a trailing 12-month revenue of around USD$28.1 billion and employs 29,900 staff. Shopify stock opened the day at $66.00 after a previous close of $65.01. Shopify is listed on the NYSE, has a trailing 12-month revenue of around USD$5.9 billion and employs 11,600 staff. JD-com Inc Adr stock opened the day at $37.90 after a previous close of $36.70. 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.

• Sea Ltd was chosen due to the market leadership of its Shopee platform across Asean.
• The analysts believe the company can capture incremental share in these markets, with e-commerce penetration at just 6% in Brazil and 3% in Mexico.
• So it is a stylish and very robust business with no threat of going bankrupt or becoming insolvent soon.

The global e-commerce market has been multiplying in recent years and should continue to grow in the coming years. According to Statista, the U.S. e-commerce market was valued at $856 billion in 2020 and is projected to reach $1.1 trillion by 2024. It’s easy to assume that the e-commerce market has reached maturity, considering that you can order everything from diapers to tonight’s dinner online. Finder monitors and updates our site to ensure that what we’re sharing is clear, honest and current. Our information is based on independent research and may differ from what you see from a financial institution or service provider.

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“As a result, we expect an increase in adoption, not only during this crisis but also on the other side of it.” But with such an immense market opportunity and a proven strategy to win market share vs. competitors, Coupang looks like a great e-commerce stock to own for the long term. Shares took a 14% hit when PDD revealed disappointing fourth-quarter results.

Hence, savvy investors who understand the symbiotic relationship should bank on these top e-commerce stocks standing on the precipice of potential substantial gains. Its share price has fluctuated significantly since its stock market debut. As consumers flocked online during the pandemic, the Alibaba share price reached an all time high in October 2020, topping https://forexhero.info/what-is-hugofx/ $300. But since then, it has seen a steep decline, currently sitting at $120.38 (3 January), a decrease of over 60% amid China’s regulatory crackdown on tech companies. The U.S. is one of many countries with a thriving e-commerce industry. China is the current largest estimated market for e-commerce, with a predicted annual revenue of $1.5 trillion.