E-commerce stocks are red hot in 2021 because the new Coronavirus economy has caused many people to shop online for their needs. Investors should look for growing companies that do business online as a way to add more balance to your portfolio.
I've listed the best e-commerce stocks to buy right now so please bookmark this page for future reference. I update this list every week.
- Amazon (AMZN)
- Alibaba (BABA)
- Chewy (CHWY)
- eBay (EBAY)
- Etsy (ETSY)
- Fiverr (FVRR)
- Jumia (JMIA)
- Paypal (PYPL)
- Shopify (SHOP)
- Walmart (WMT)
Amazon is still the king of e-commerce and the company's stock surged during the 2020 COVID-19 pandemic. Amazon has over 150 million prime subscribers and its Web services & third party sales models continues to generate massive profits.
The company went on a massive hiring spree in 2020 and increased its overall employee head count to 1,125,300 as of Q3 2020. With its loyal customer base and well-known brand, I think AMZN stock is one of the best e-commerce stocks to own. The stock has yet to split for years and currently trades over $3,000.
The “Amazon of China” is dealing with some short term issues because founder Jack Ma must deal with China's anti-trust laws to prevent a massive Alibaba monopoly. BABA stock sold off a bit recently but I think it's still a great long term hold. The COVID-19 pandemic only accelerated e-commerce trends in China and the world's largest population will surely buy a lot of things in the future.