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The e-commerce space was on the rise even before the pandemic and it is expected to keep growing in the post-pandemic world. According to Grand View Research, the global B2C e-commerce market is expected to grow at a 9.7% CAGR between 2021 – 2028.
The recent tech sell-off on fears of rising inflation caused the stocks of fundamentally sound e-commerce companies CarGurus, Inc. (CARG) and Overstock.com , Inc. (NASDAQ:OSTK) to decline in price. So, we think it could be wise to bet on them now because they are well-positioned to capitalize on the industry’s continued growth.
