Cathie Wood and Elon Musk. The current bull market in stocks can be seen as an homage to these two names. Wood is the hottest portfolio manager in the world, with her ARK Investment Management LLC leading the universe over the past year. The “Toast of Wall Street”.
Elon Musk is the world’s richest man and a guy who says he won’t sell his Tesla shares because he needs to ramp their worth high enough to self-fund human colonization of other planets.
So, big thinkers. And two of the most successful future prognosticators in the world today, as a matter of objective data-driven analysis. She has been the best at picking disruptive star investments. He has been the best at predicting the future course of industry as an entrepreneur and executive, at PayPal, Tesla, and SpaceX.
4 Top E-Commerce Stocks To Watch Now
E-commerce stocks are still in high demand today as they were last year. They were among the biggest winners in the stock market during the coronavirus pandemic. So it is no surprise that they are still hotly sought after by investors today. Quarter after quarter, we see how these e-commerce companies continue to grow. They show no signs of stopping despite and are increasing their market share. Even before the pandemic, retailers were already shifting to online shopping. If anything, the pandemic essentially accelerated this trend.
Given how this is the new normal, we can see how e-commerce companies like Target (NYSE: TGT) and Home Depot (NYSE: HD) have all seen substantial gains in the last year. You could say that e-commerce has become an essential part of life and the industry still has the potential to grow. Evidently, we can see that companies that already had a solid e-commerce infrastructure perform better than the broader market. Also,