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Wayfair May Continue Its Run in 2020


Wayfair (NYSE: W) has benefited from the fact that many people are buying home furnishings online during the COVID-19 pandemic.

Even as the economy reopens, Wayfair's momentum will likely be here to stay after attracting millions of new customers during nationwide lockdowns. The consumer discretionary company also has a record of strong performance during recessions. Shares are up 127% year to date and may have even more room to run.

Image Source: Wayfair

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Source Fool.com

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