E-commerce stocks expected to perform well during holiday season, with strong online sales projections.

From Nasdaq: 2024-11-25 14:00:00

Market researchers are focusing on the upcoming holiday sales season for 2024-25, with projections favoring e-commerce over physical store sales. Five e-commerce stocks to consider are Amazon.com Inc., Maplebear Inc., Carvana Co., Booking Holdings Inc., and BigCommerce Holdings Inc. Projections indicate record-high holiday sales, with online sales expected to shine.

Amazon.com Inc. is expected to see a 10.7% increase in net sales for 2024, driven by Prime and AWS momentum. Maplebear Inc. offers grocery technology solutions, while Carvana Co. has a three-step plan for growth. Booking Holdings Inc. reported revenue growth driven by leisure travel demand, and BigCommerce Holdings Inc. operates an e-commerce platform for businesses.

Zacks’ Research Chief highlights a stock with the potential to double in value, emphasizing its innovation and expansive solutions. The top pick is a leading financial firm with a growing customer base and cutting-edge offerings. For more insights and top stock recommendations, download the free report from Zacks Investment Research.



Read more at Nasdaq: 5 E-Commerce Stocks to Buy on Expected Strong Holiday Sales