Recession-proof stocks to invest in now? 3 e-commerce stocks to watch |

Are these the best e-commerce stocks to invest in right now?

For investors looking for the best stocks to buy today, e-commerce stocks might be worth considering. Of course, consumer prices may now rise faster than expected. However, there remains some credence to the bullish theory of e-commerce stocks in the stock market currently. After all, e-commerce plays an important role in getting goods to businesses and consumers around the world on the web. All this played an important role in the time of the pandemic. Even as the world seems to be getting back to normal, most would already be used to the conveniences of the e-commerce industry. For this reason, investors may not want to discount the best ecommerce stocks around for now.

At the same time, there is no shortage of exciting developments coming from the field. Grab the latest operational update from eBay (NASDAQ: EBAY) for example. On Thursday, the company launched its eBay Live service. According to eBay, it is a dedicated live shopping platform. This would bring a noticeable level of interactivity to the eBay shopping experience. Although it’s mostly rolling out via a beta this month, that would suggest that even the e-commerce scene is changing.

Not to mention, e-commerce titan Amazon (NASDAQ: AMZN) would also be worth considering. It would because its annual Prime Day sales kick off on July 12. In short, this event is a big revenue driver for Amazon because it often offers competing discounts to consumers. Last year, total e-commerce sales during the two-day event exceeded $11 billion. After reading this far, you might like e-commerce stocks yourself. In that case, here are three more to know about trading today.

E-commerce stocks to buy [Or Sell] This month

Ali Baba

First up today we have the global technology company Ali Baba. Alibaba is a retailer and wholesaler that offers online and mobile marketplaces. Overall, Core Commerce, Cloud Computing, and Digital Media & Entertainment are some of the major business segments of the company. The Core Commerce segment includes platforms operating in retail and wholesale. Meanwhile, the Cloud Computing segment includes Alibaba Cloud, which offers a comprehensive suite of cloud services.

It’s worth mentioning that BABA stock is in the spotlight on Friday following reports on its financial arm, Ant Group. In particular, the Chinese central bank would have accepted the request of Ant Group to create a financial holding company. This can be seen as a key step in revamping Jack Ma’s fintech business following the abrupt end of its $37 billion IPO in 2020. Additionally, the acceptance of Ant’s candidacy shows that Chinese regulators could ease the crackdown on China’s biggest tech companies.

Last month, Alibaba released its March quarter financial report. Initially, revenue for the quarter was $32.18 billion, a 9% year-over-year increase. Additionally, annual active consumers reached approximately 1.31 billion, an increase of 28.3 million since last quarter. For an idea of ​​scale, 1 billion of its consumers are based in China. Not to mention, its operating income was $2.63 billion, better than its operating loss in the same quarter of 2021. Considering all of this, would BABA stock be a buy now?

[Read More] 4 Top Cloud Computing Stocks to Watch in the Stock Market Today

walmart

best retail stocks (WMT stock)

walmart is an e-commerce company that operates its chain of hypermarkets and discount department stores. In fact, with its e-commerce platform and over 10,000 stores, more than 230 million customers and members visit the company’s omnichannel retail sites. On Thursday, the company announced a one-of-a-kind partnership with the streaming company Roku (NASDAQ: ROKU).

Diving in, the two companies will make TV streaming the next e-commerce shopping destination. Walmart will become the exclusive retailer for streamers to purchase featured products provided by Walmart directly on Roku. This unique partnership takes shopping beyond the QR code and will change the way customers interact and purchase TV and video content. The new experience offers product discovery with a seamless checkout experience, enabling purchase directly at the moment of inspiration.

The pilot program will combine entertainment with digital commerce payments, unlocking an innovative and fun shopping experience for customers that will no doubt continue to evolve. Viewers will only need to press the OK button on the remote on a purchasable ad and it will lead to checkout with payment details easily pre-filled from Roku Pay. OneView, Roku’s ad buying platform for streaming TV, will have the exclusive ability to enable and measure these buyable ads. Additionally, marketers will be able to use Roku Brand Studio to design custom creative and branded content designed for TV broadcast and shopping. That being said, are ROKU stocks worth adding to your portfolio?

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best tech stocks to watch (JD stock)

JD.com is a Chinese e-commerce company headquartered in Beijing. In fact, it is one of the largest business-to-consumer online retailers in China by transaction volume and revenue. Through its state-of-the-art retail infrastructure, it seeks to enable consumers to buy what they want in any part of the world. Additionally, the company has opened its technology and infrastructure to partners, brands and other industries as part of its retail-as-a-service offering to help drive productivity and innovation in a range of industries.

Last week, news broke that the company was exploring possible expansion into the food delivery business, according to CEO Xin Lijun in an interview with Bloomberg. This would put JD.com in direct competition with Alibaba and Meituan, which are major players in China’s food delivery industry. With that, JD stock rose 8% during Friday’s opening bell.

Last month, the company also announced its first-quarter financials for 2022. Diving in, net revenue for the quarter was $37.8 billion, an 18% year-over-year increase. . Notably, its net services revenue was $5.6 billion, growing more than 25% year over year. “JD.com’s strong supply chain capabilities and technology-driven operational efficiencies underpinned our strong performance in the quarter as we continued to generate healthy growth in a challenging external environment,” said Lei Xu, CEO of JD.com. “Most importantly, we are actively leveraging our core competencies to support local communities and businesses in areas impacted by the latest Omicron outbreak.” With this information, do you think JD stock is a buy?

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Garland K. Long