XPO Logistics Looks Set to Ride the E-Commerce Wave
E-commerce stocks have been among the biggest winners this year as the pandemic has made in-store shopping less appealing.
Shares of direct online sellers and e-commerce marketplaces have boomed, and now a new group seems poised to join the party. Package shipping companies, whose shares mostly struggled in the early days of the pandemic, are now taking off, and the sector looks set to have its best holiday season ever. Now, XPO Logistics (NYSE: XPO) appears to be among the winners in the holiday rush.
Image source: XPO Logistics.
Source Fool.com
