3 Top E-Commerce Stocks to Buy in December
E-commerce stocks have been among the hardest-hit in 2022. A reversion to in-person shopping, a rapid rise in interest rates, and a decline in discretionary purchasing power have amounted to a "perfect storm" for these stocks in their first post-pandemic year.
Still, the long-term trend of more and more purchases moving online is here to stay. Given big sell-offs this year in these three e-commerce leaders, now might be the time to be greedy when others are fearful and scoop up these high-quality growth stocks while they're down.
There haven't been may years in which Amazon (NASDAQ: AMZN) has seen its stock decline 42%, but they've usually been followed by strong outperformance.
Source Fool.com
