3 Top E-Commerce Stocks to Buy in July
E-commerce stocks have had a difficult 2022, with names that led the market over the last few years like Etsy (NASDAQ: ETSY) and Shopify (NYSE: SHOP) plummeting 70% or more from their 52-week highs. More broadly, the Global X E-commerce ETF (NASDAQ: EBIZ), which holds many of the top names in the space, has been down nearly 50% over the past year.
But don't let this obscure the fact that e-commerce is still a great place to be with plenty of room for growth going forward -- Morgan Stanley recently forecasted that e-commerce will grow from a $3.3 trillion industry today to a $5.4 trillion industry by 2026. With this multi-year perspective in mind, what are some of the best e-commerce stocks to buy right now?
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Source Fool.com
