Best eCommerce stocks to buy
As businesses and market trends are shifting online, e-commerce will continue to play a big role and grow rapidly. Global e-commerce retail sales jumped from $3.3 trillion in 2019 to $4.25 trillion in 2020. Third-party analysts expect the global e-commerce industry will reach $7.4 trillion and will account for 24.5% of all retail sales in 2025, according to eMarketer. That means there's still heaps of opportunity out there for innovative e-commerce businesses.
If you're willing to take investment risks, the electronic commerce industry offers tremendous profit potential. Do you have any e-Commerce stock on your list right now?
Shopify (NYSE: SHOP)
Shopify Inc. is a commerce company operating in Canada, the US, the UK, Australia, Latin America, and internationally.
Etsy (NASDAQ: ETSY)
Etsy, Inc. operates online marketplaces to connect buyers and sellers in the US, the UK, Canada, Germany, Australia, France, and India.
Amazon (NASDAQ: AMZN)
Amazon.com, Inc. (NASDAQ: AMZN) may be the most recognizable e-commerce stock globally. It is a tech giant operating in the retail sale of consumer products and subscriptions in the US and internationally. Amazon has expanded into advertising, entertainment and cloud computing, but its core e-commerce business is still going strong. In 2021, the company posted $469.8 billion in total sales. This is an increase of 22% over 2020 making Amazon an excellent pick for long-term investors in the e-commerce space.
Walmart (NYSE: WMT)
Walmart Inc. is a retail giant operating in the US and internationally. Walmart has now become the second-largest U.S. e-commerce retailer by sales. The company operates e-commerce websites alongside supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and other businesses.
Target Corporation (NYSE: TGT)
Target Corporation is a general merchandise retailer operating in the US and branching out to e-commerce with its online shopping platform. Target has invested heavily in its online sales business, particularly in grocery pickup and delivery. Target's impressive growth numbers are a testament to the company's strong execution of its omnichannel strategy.
Wix.com (NASDAQ: WIX)
When investors hear the name Wix.com, e-commerce probably isn't the first thing that comes to mind. Since its inception, Wix has been best known for its no-code, drag-and-drop platform that allows anyone to quickly and easily build a website. But today, Wix can also act as a digital operating system for entrepreneurs and businesses.
Global-e Online
Global-E Online's services enable direct-to-consumer e-commerce across borders and demand is going through the roof. Global-e has partnerships and capabilities in over 25 native languages, 100 currencies, 150 different payment methods, and 20 shipping providers across the world.
Alibaba (NYSE: BABA)
Alibaba Group Holding Limited provides online and mobile commerce businesses in China and internationally. The company operates various online wholesale markets including AliExpress, Lazada, and Tmall Global, among others. Alibaba's 35% year-over-year sales growth in 2020 highlighted its continued dominance in the Chinese e-commerce sector.
Sea (NYSE: SE)
Sea Limited is a company engaging in digital entertainment, e-commerce, and digital financial services in Southeast Asia, Latin America, the rest of Asia, and internationally. Sea has three separate businesses: its Garena mobile gaming division, its Shopee e-commerce platform, and its SeaMoney fintech business that is closely tied to Shopee.
JD.com (NASDAQ: JD)
JD.com, Inc. is an e-commerce company and retail infrastructure provider in China. JD is investing in supply chain management improvements, ramping up omnichannel distribution and expanding its physical product offerings.
MercadoLibre (NASDAQ: MELI)
MercadoLibre is one of the largest e-commerce companies in Latin America. Latin America is widely considered the fastest-growing e-commerce region in the world. So, it should not come as a surprise that MELI stock is often mentioned among the top e-commerce stocks.