Where Will Wayfair Stock Be in 1 Year?
Furniture isn't usually the most exciting investment topic -- especially compared with hot areas like tech -- but one stock is soaring of late. Online furniture retailer (NYSE: W) has seen its shares more than double this year -- and that's despite dramatically declining sales and a depressing near-term outlook.
What gives? Let's see what shareholders have picked up on, and imagine where Wayfair could be next year at this time.
Wayfair has a fantastic business model. It sells completely online, so it doesn't need to invest in costly real estate for showrooms. The digital platform also opens it up to a huge market of the entire U.S. population, and it operates in some other regions as well.
Source Fool.com
Wayfair Inc. Aktie
87,86 €
1,16 %
Die Wayfair Inc. Aktie genießt uneingeschränkte Beliebtheit: Nur Buy-Einschätzungen.
Das von der Community festgelegte Kursziel von 94 € für Wayfair Inc. deutet auf ein leichtes Wachstumspotenzial im Vergleich zu 87.86 € hin.
