If you want to spice up your portfolio, adding a few top e-commerce stocks to it should do the trick. The tectonic shift in consumer behavior toward online shopping was already well underway before the pandemic, but the impact of 2020 will likely lead to permanent changes in shopping patterns that will benefit leading online retailers and digital payment providers.
E-commerce sales in the U.S. grew by 32% in 2020. Three stocks ideally positioned to benefit from the continuation of this trend are Amazon (NASDAQ:AMZN), Etsy (NASDAQ:ETSY), and PayPal Holdings (NASDAQ:PYPL). Here’s why these stocks can juice your returns over the long term.
It might seem odd that a company that generates $386 billion in annual sales could be described as just getting started, but the accuracy of that description is a testament to the