In a new report, Pacific Crest analyst Edward Yruma discussed the firm’s initiation on the e-commerce space. Yruma believes these high-flying stocks have plenty of room remaining to the upside.
Plenty Of Share Remaining
While e-commerce has made huge strides in recent years, Yruma pointed out it currently only represents about 7.4 percent of overall retail sales. Pacific Crest projects that this share could nearly triple to 20 percent in the next five years.
Customer Loyalty
In terms of which e-commerce names will gain…
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