2023-12-12 05:30:00 ET
When you think of the best e-commerce stocks to buy, Amazon probably tops the list. The company has increased earnings into the billions of dollars over time thanks to its strength in e-commerce, and it's also the world's biggest player in cloud computing services. This has helped Amazon's shares soar over time, scoring a win for long-term shareholders.
But if you're interested in generating top returns from an e-commerce stock moving forward, Amazon may not offer the most potential. Another player, trading for a song today, might offer your portfolio a bigger boost. I'm talking about Etsy (NASDAQ: ETSY) , a seller of handmade and vintage goods. Its shares have suffered this year, but they have every reason to rebound. Let's find out more about this magnificent e-commerce stock to buy Instead of Amazon.
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Forget Amazon: Buy This Magnificent E-Commerce Stock Instead