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As Amazon surpasses the broader market's performance over the past year, Wall Street analysts are bullish on the stock’s prospects.
By investing in a broad ETF, investors can easily get exposure to the overall industry.
Wall Street was superbly upbeat in 2023. Cryptocurrency, internet, tin, online retail and meme stocks emerged as winning ETF areas in the month.
Skate to where the puck is going with these three off-the-beaten-path e-commerce stocks.
Online holiday sales hit a record high buoyed by heavy discounts, which persuaded shoppers to spend on everything from toys to electronics amid the rising inflation environment.
The National Retail Federation expects holiday sales to grow 6-8% in November and December to $942.6-$960.4 billion.
Cyber Monday has become the heaviest online spending day ever. This is especially true as shoppers spent a record $11.3 billion in online shopping, up 5.8% year over year, according to Adobe.
Inflation for goods sold online eased in June as online price rose modestly 0.3% year over year in June.
E-commerce is still a great business to invest in over the long term.