Why eBay Wins From Supply Chain Woes
Supply chain disruptions have been an ongoing issue since the onset of the pandemic. Economic lockdowns and stay-at-home orders initiated to help slow the spread of the coronavirus also slowed production.
Even though essential industries were allowed to stay open during the pandemic, operations were often disrupted by a COVID-19 outbreak. Moreover, many consumers have concentrated their spending on manufactured goods over the past 18 months since they didn't have alternative spending options (like concerts, sporting events, and theme parks) to spend disposable income on. The combination of supply disruptions and surging demand has strained the system, and there are no signs of the situation easing anytime soon.
One way to play this situation as an investor is to look at eBay (NASDAQ: EBAY). Surprisingly, the company could actually benefit from the supply chain issues. Let's take a closer look at how.
Source Fool.com
