Which is the Better E-Commerce Giant to Own for the Upcoming Holiday Season? -Breaking
Due in part to holiday shopping, the retail sector is seeing a surge in sales. In comparison to brick-and-mortar shops, we believe the ease of shopping online and other measures to improve supply chain efficiency should be a benefit to both Amazon.com (NASDAQ) and Walmart.com (NYSE:) during the holiday season. Which stock is better to buy right now? Learn more. Amazon.com, Inc., and Walmart Inc. are the two largest e-commerce companies worldwide. AMZN sells subscriptions, consumer goods and Amazon Web Services (AWS), which is one of the largest platforms in digital computing. The company offers customized shopping, online credit card payments, and shipping directly to customers. WMT is a global retailer, wholesaler, supermarket, and other unit operator. The company also offers financial and fuel services, as well as related products.
Changing consumer trends amid the COVID-19 pandemic propelled the e-commerce segment to become the retail industry’s backbone, generating more than $4.28 trillion in sales in 2020. The global retail ecommerce market is expected to hit $4.89 trillion in 2019. E-commerce is set to continue growing in the future, thanks to digitalization. The market for e-commerce will grow significantly as a result of the increasing popularity of ecommerce across all channels. By 2025, the global ecommerce market will grow by 29% to $10.87 billion. Retail sales increased 0.9% and 0.7% respectively in August, while they rose 0.9% and 0.7% in September. The National Retail Federation predicts that holiday sales will grow by 8.5%-10.5% in November and December. Both AMZN as well as WMT will be able to benefit.
WMT’s price has risen 7.5% over the last six months while AMZN gained 5%. WMT is a clear winner with 11.5% gains versus AMZN’s 9% returns in terms of the past month’s performance. Which stock is better? Let’s find out.
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