3 Top E-commerce Stocks to Buy Right Now
The shift to a digital economy represents a challenge for some companies but abundant growth opportunities for those with the right technology and business strategy. It's estimated that global retail sales will rise by about 4.5% per year over the next four years, with most of the incremental dollar increase being driven by online sales. Global e-commerce sales are expected to climb 20.7% this year to reach $3.535 trillion, according to eMarketer.
Amazon.com (NASDAQ: AMZN), Shopify (NYSE: SHOP), and Stitch Fix (NASDAQ: SFIX) are three e-commerce stocks that should continue to hit new highs over the long term. Here's why.
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Source Fool.com
