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3 Top E-Commerce Stocks to Buy Right Now

TheMotleyFool

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3 Top E-Commerce Stocks to Buy Right NowPhoto, wide shot, wide-angle lens, Clothing manufacturer, neutral atmosphere, photo by Galina Stepanova: https://img.theapi.app/temp/4c710447-f68a-47bc-a682-c2d83e801596.png

Online retail had a surprisingly difficult month in August as consumers got out of the house and went shopping in local stores instead. As a result, e-commerce stocks posted strong second-quarter results, but their guidance for the next reporting period was muted.

Amazon (NASDAQ: AMZN), for example, enjoyed revenue growth of 27% in the period compared to a year ago, but that was down from about 44% in the first quarter, and it forecast third-quarter growth would be around 13% at the midpoint of management's guidance range.

If mighty Amazon is seeing its growth slow, what hope do other internet retailers have?

Source Fool.com

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