This Top E-Commerce Stock Is Claiming an Untapped Market

I’m not sure I could have survived this year without e-commerce, and I have a feeling many of you are thinking the same thing.

In fact, e-commerce is growing faster than ever before, jumping to 16.1% of total retail sales in Q2 2020 from 10.8% last year in the United States.

That equates to billions of dollars spent online from groceries to electronics and even cars.

That’s why we have seen stocks like Shopify (NYSE: SHOP), Amazon (NASDAQ: AMZN) and Carvana (NYSE: CVNA) skyrocket over 100% this year with everyone at home.

The best part is this trend isn’t going away anytime soon.

And one company is taking the opportunity to tap into a wide open market…

Tags: tech stocks

To get full access to all Money Morning content, click here

About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.

The post This Top E-Commerce Stock Is Claiming an Untapped Market appeared first on Money Morning – We Make Investing Profitable.