3 Top E-Commerce Stocks to Buy in April
To be clear, there are no real winners during the COVID-19 pandemic. The outbreak and subsequent shutdowns of large economies is likely to cause a recession of indeterminate length, which harms the economy as a whole. However, there are some industries with favorable long-term prospects, whose businesses may see accelerating adoption during this time, and will likely emerge in a much more favorable position relative to other companies when this is over.
If such stocks are down significantly, these are the stocks investors should think of buying today. Certainly, one of those sectors is e-commerce. Obviously, e-commerce had already been a growing trend, making up about 10%-15% of all retail sales, and gaining market share on traditional retail every year. As a result of the outbreak, that growth path could actually accelerate over 2020 and 2021, entrenching e-commerce further in people's buying habits.
That should benefit the following three companies, all of which deserve to be on your buy list today.
Source Fool.com
