As they start to lap the initial effects of the pandemic last spring, many smaller e-commerce stocks have been getting beaten up. 2020 was a banner year for digital businesses, and year-ago comparable financial figures have been tough, leading to a "slowdown" for many digital commerce companies' growth rates.
But that doesn't mean these companies should be relegated to "pandemic stock" status and forgotten going forward. While they may not be growing at the torrid pace they were before, they're still growing at double-digit percentages and compounding their long-term expansion track records.
Three that look like great buys in August after Q2 2021 earnings updates are Etsy (NASDAQ: ETSY) , Pinterest (NYSE: PINS) , and Wix.com (NASDAQ: WIX) .
For further details see:
3 Top E-Commerce Stocks to Buy in August