1 Top E-Commerce Stock Down 82%: Should You Buy It Right Now With $1,000?
With hundreds of billions in net sales in 2024, coupled with the fact that nearly 40% of all spending online in the U.S. happens on its website, Amazon is likely a top choice among investors who are looking to put money to work in an e-commerce stock. Shares of the tech giant have been a monster winner, soaring 1,100% in the past 10 years.Since Amazon is such a massive enterprise today, investors might be interested in looking off the beaten path at an under-the-radar business for a potential opportunity. It's worth pointing out that shares of the company I'm talking about currently trade a gut-wrenching 82% off their peak from November 2021.Should you buy this e-commerce stock with $1,000 right now?Continue reading
With hundreds of billions in net sales in 2024, coupled with the fact that nearly 40% of all spending online in the U.S. happens on its website, Amazon is likely a top choice among investors who are looking to put money to work in an e-commerce stock. Shares of the tech giant have been a monster winner, soaring 1,100% in the past 10 years.
Since Amazon is such a massive enterprise today, investors might be interested in looking off the beaten path at an under-the-radar business for a potential opportunity. It's worth pointing out that shares of the company I'm talking about currently trade a gut-wrenching 82% off their peak from November 2021.
Should you buy this e-commerce stock with $1,000 right now?
