Are These The Best Online Retail Stocks To Buy Today?
Online retail stocks have been on the rise in the stock market over the past few years. In todayâs world, almost everything can be done online. So, it would only be natural that retail is shifting to the internet as well. In fact, it is almost inconceivable for any major retailer not to sell online these days. After all, online retailers can increase their sales and profits faster than a brick-and-mortar establishment. This is simply because you could operate twenty-four hours a day, seven days a week.Â
For instance, online retailer Newegg Commerce Inc (NASDAQ: NEGG) jumped 148% during Wednesdayâs trading. The movement in NEGG stock was driven by the news that Newegg was holding a sale of NVIDIA Corporationâs (NASDAQ: NVDA) GeForce RTX graphic cards which are supposedly rare. Thus, some may argue that it doesnât take much to move stocks in a growing industry. You could even say that this is only the tip of
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