Our topic is stocks for e-commerce. These increases come despite the opening of stationary retailers after Covid19. More than half of American adults have been vaccinated and Covid cases are falling. E-commerce had gained market share prior to Covid and investors are likely betting that the pandemic will only drive the shift to online shopping. This is due to changes in consumer behavior that have occurred over months of crashes. Research firm eMarketer forecasts US retail sales in e-commerce. Retail spending is projected to hit $ 1 trillion in 2022.
eBay (EBAY), stocks were the best performers on our topic.It's up 39% year-to-date, driven by higher demand growth and lower valuation multiples that have allowed it to benefit from the wider rotation from high-growth stocks to value stocks in recent months. , and craft products, performed worst on our topic. The stocks only gained 8 despite weaker earnings forecasts as they face tough comparison with a strong pandemic year.
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Our theme is stocks for e-commerce The theme, which includes US-based e-commerce platforms, logistics companies, and digital payments companies, is up about 14% this year, compared to the SandP 500 which is up about 9% has in the same period. The theme has also seen a solid 151% increase since late 2019 compared to the SandP 500's 26% return. Investors got out of high-growth stocks like software, but most of the names in e-commerce in our theme have stayed stable as investors expect e-commerce to continue to affect retail sales even after the pandemic. Large quantities of the Covid19 stimulus checks sent as part of the $ 1.9 trillion Covid19 rescue package are likely to be used to help these companies with their digital commerce spending. (NYSE.W) A company that sells furniture and other housewares online did the best with inventory increasing 43% last year. Electronic commerce is a benchmark.
Amazon (NASDAQ: AMZN): Shares were flat over the past year, suggesting underperformance. E-commerce stocks at a glance Our topic is stocks for e-commerce. These include US e-commerce platform players, logistics companies, and digital payment companies that will benefit from the continued growth of online shopping. From mortar shops to online shopping, the e-commerce market has grown significantly in the past year. To put this into perspective, e-commerce's share of total US retail sales rose from 16% to nearly 21% in 2019.
The market has great potential for growth, especially considering that the US retail market has value of about $ 4 trillion in 2020. The issue has brought about 151% to market since early 2019, compared to 23% for the SandP 500. Also as of the date of the year there was an increase of 11% compared to just 6% for SandP 500. Here is some more information about the companies that are presented in our topic and how they are doing.
Etsy, an e-commerce platform that sells craft, vintage, and handmade goods, had a hot run during the pandemic.Gross sales, active buyers and sellers shot up; the company should do well after the pandemic; it could be the best platform to sell unique items that are not available locally; Shares are up 388% since early 2019.
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Wayfair is an e-commerce company that sells furniture. With over two-thirds (or more) of its regular customer orders in the last quarter, the company is building a loyal customer base. Since the end of 2019, inventory has grown solidly by 248%.
Carvana is an online used car dealer. Covid19 saw an increasing demand for used cars as more and more people use public transport. Customers have switched to e-commerce in order to buy cars that shy away from personal purchases, with inventory increasing by around 208% since early 2019.
PayPal Holdings (PYPL) is an international online payment system that enables money transfers. Since the end of 2019, the stock has grown 130% in value as more and more people prefer digital payment methods due to the Covid pandemic
The company's decision to allow users to buy, sell, and hold select cryptocurrencies such as Bitcoin through its application has also contributed to its stock performance.
FedEx (FDX) shares, up 72% from early 2019 The company experienced some headwinds over the course of the year
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