3 Top E-Commerce Stocks to Buy in June
E-commerce companies took a hit last year as inflation caused reductions in consumer spending. Many of the sector's most prominent players experienced steep stock declines as a result.
But the long-term outlook for the e-commerce industry remains positive. Data from Statista is projecting it to hit $4 trillion this year. Meanwhile, online purchases only made up about 15% of all retail sales last year, suggesting the market is nowhere near hitting its ceiling.
As a result, now could be the perfect time to consider adding an e-commerce stock to your holdings before the market fully recovers. So, here are three top e-commerce stocks to buy in June.
Source Fool.com
