The e-commerce world was significantly well-known in the post-pandemic world. However, 2020 was when it all changed for this particular industry when the virus hit the earth's surface. Not only did the requirement for the e-commerce business increase, but the investors started taking an interest in this particular industry even more.
Since then, e-commerce has been booming, and investors are making significant revenue in return. If you want to invest in an e-commerce stock to capitalize on the online shopping boom, we understand you'd be searching for the best business. Worry now because we got you covered on this aspect.
What are the Top Ten E-Commerce Stocks You Can Invest in for Beneficial Outcomes?
Here are the ten e-commerce stocks to capitalize on the online shopping boom:
1.Amazon.Inc
There is no denying that Amazon.Inc is an unrivaled competitor when it comes to the world of e-commerce. This online business started growing out of its roots slowly when the concept of online shopping didn't even appear worldwide. However, the company's insights into the future and ability to make potentially beneficial decisions brought it where it is today. Amazon can make an excellent e-commerce company where you, as an investor, can purchase your stocks and quickly capitalize on the online shopping boom through the many profits this company makes.
2.Alphabet
When you think about Alphabet, the first thought that pops up is the company's association with Google and YouTube and its title as the best internet search in the world. However, Alphabet has yet to restrict its roots to here; the company is also significantly growing in e-commerce. Alphabet has carried out an impressive number of works, and the company is only growing for the better. Hence, if there is a safe e-commerce stock that you can incline toward, it is this company for sure.
3.Meta
There is no denying that Meta, over the years, has improved Facebook, Instagram, and many other social media applications and changed the world towards better aspects of technology. However, the company has also used this same technology to crawl into the e-commerce world through the Instagram and Facebook shops it opened online.
Though the company saw a significantly difficult phase a few months ago, the new year was a fresh start. Meta saw its rates back up by 71.2% till March 2023, which is the best stock rate for any other e-commerce business on our list.
4.PDD Holdings
The PDD holds the second-largest sale rate in Chinese markets, given its total number of buyers. However, the growth could be more active and, according to statistics, is only believed to grow in the coming years. The company saw a project earning growth of 8% in the year 2023, and many believe that the coming quarters will only be better for it. PDD's development shouldn't be surprising because the company has one of the most unique and innovative marketplaces compared to anyone on the internet. Uniqueness draws people in, and that is precisely what PDD is doing.
5.JD.Com
JD.com is another leading Chinese e-commerce and retail infrastructure offering direct electronics, merchandise, and appliance sales. However, while the company was doing significantly well, the Covid-19 pandemic and other regulatory crackdowns impacted its sale severely, bringing its stock market value down by 28 percent. This was one of the worst falls the company had seen in years. Despite a shaky time, JD.com got back on track, and the coming quarters are expected to flourish entirely for the company.
6.The RealReal
The RealReal is one of the leading e-commerce businesses in selling luxury items. The company takes the lead in providing the best luxury items and is a go-to destination for all those searching for luxury consignments.
The company holds some of the best e-commerce stocks to buy now that are bound to provide an exceptional return given its online shopping boom. The stores have been trading at a P/E ratio of more than five times since November and are expected to stay the same or grow in the coming months.
7.Chewy, Inc
The United States is a pet-loving country, and it shouldn't be surprised when an e-commerce business related to pets flourishes within its premises. Chewy, Inc is a leading online pet retailer specializing in pet foods, treats, supplies, medications, and more. The growth it has observed over the past few years only has taken the upper trajectory, and given its exceptional and reliable products, the customer base is only expected to grow for the better.
8.Coupang
If products from one particular country have taken a speedy upper trajectory, it is products from South Korea. When the country's entire company begins products from the country worldwide, wouldn't the customer base increase by a considerable margin?
Coupang delivers authentic and safe-to-use South Korean items from the country anywhere. Hence, it has gathered a massive following and is expected to be among the best e-commerce stock investments.
9.eBay
Next up on our list is eBay. The company already has a large user base rapidly growing each quarter. Hence, it can easily be deciphered that it has a set foundation for solid future growth. With 135 million active buyers and over 18 million sellers on this platform, eBay is all set to have a great future in the e-commerce world. It can quickly be deemed one of the best e-commerce stocks to capitalize on the online shopping boom.
10.Etsy
Vintage items are a trend in time that always remains relevant. People love the regalness that vintage items usually hold, which is one primary reason they are always keen on purchasing. Etsy, for years, has made buying and selling vintage items more accessible, and with the vintage trend growing even further, the company has a solid foundation set for providing beneficial returns on stocks.
Conclusion
Many e-commerce companies provide exceptional capital on the online shopping scale. We mentioned ten leading ones, but if you know some other gems of the e-commerce world, remember to share them with us.