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Could Global-E Online Be a Millionaire-Maker Stock?


Global-e Online (NASDAQ: GLBE) has been a hot stock since its IPO in May. It's been a public concern for two months as of this writing, and share prices have more than doubled since making their publicly traded debut.

The timing could be all wrong for a stock purchase right now. (I prefer to wait no less than a quarter after a company's IPO before making an initial purchase.) However, if you plan on buying now and then leaving that investment alone indefinitely, Global-e could be a worthwhile place for some cash. This is still a very small player in the massive global e-commerce industry.

Image source: Getty Images.

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Source Fool.com

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