AMZN, MELI, W among top e-commerce stocks to explore in Q2

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AMZN, MELI, W among top e-commerce stocks to explore in Q2

Top e-commerce stocks to explore in the second quarter of 2022
Image source: © Gajus | Megapixl.com

Highlights:

  • com, Inc. (NASDAQ: AMZN) net sales surged 9% YoY in Q4, FY21.
  • MercadoLibre, Inc. (NASDAQ: MELI) revenue rose over 60% YoY in Q4, FY21.
  • Wayfair Inc. (NYSE: W) will release its first-quarter fiscal 2022 results on May 5.

The Covid-19 pandemic has disrupted businesses around the world but has also been a catalyst for e-commerce growth. The sector benefited from people’s shift to online shopping.

E-commerce sales jumped from around US$3.3 trillion in 2019 to over US$4.20 trillion in 2020.

Global e-commerce sales are expected to hit over US$7 trillion globally in 2025, an increase of over 450% from the figures in 2014. Let's explore some of the top e-commerce stocks now.

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Amazon.com, Inc. (NASDAQ: AMZN)

Amazon is one of the leading technology companies specializing in e-commerce, cloud computing, digital streaming, etc. It is based in Seattle, Washington.

Its shares traded at US$3128.67 at 1:30 pm ET on April 7, down 1.48% from their previous closing price. Its stock value decreased by 6.84% YTD.

The firm has a market cap of US$1.58 trillion, a P/E ratio of 48.07, and a forward one-year P/E ratio of 60.80. Its EPS is US$64.78.

The 52-week highest and lowest stock prices were US$3,773.08 and US$2,671.45, respectively. Its trading volume was 3,952,788 on April 6.

The company's net sales rose 9% YoY to US$137.41 billion in Q4, FY21, while its net income came in at US$14.3 billion, or US$27.75 per diluted share. For fiscal 2021, the company's net sales jumped 22% YoY to US$469.82 billion.

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Top e-commerce stocks to explore in AprilSource: ©2022 Kalkine Media®

Alibaba Group Holding Limited (NYSE: BABA)

Alibaba is one of the leading Chinese technology firms focused on e-commerce, retail, internet, and other technology-related services. It is based in Hangzhou, China.

The stock of the company traded at US$103.88 at 1:35 pm ET on April 7, down 3.53% from its previous closing price. The BABA stock fell 10.55% YTD.

The market cap of the company is US$278.26 billion, the P/E ratio is 27.76, and the forward one-year P/E ratio is 17.26. Its EPS is US$3.73.

The stock saw the highest price of US$245.69 and the lowest price of US$73.28 in the last 52 weeks. Its share volume on April 6 was 23,739,790.

The company's revenue was RMB242.58 billion (US$38.06 billion) for the quarter ended on December 31, 2021, up 10% YoY, while its net income came in at RMB20.42 billion (US$3.20 billion).

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MercadoLibre, Inc. (NASDAQ: MELI)

Mercadolibre is an e-commerce and online marketplace company based in Buenos Aires, Argentina. It offers services for e-commerce and online auctions.

The shares of the company traded at US$1169.16 at 1:41 pm ET on April 7, up 0.45% from their closing price of April 6. Its stock value declined 12.68% YTD.

The firm has a market cap of US$58.76 billion, a P/E ratio of 689.68, and a forward one-year P/E ratio of 161.44. Its EPS is US$1.69.

The 52-week highest and lowest stock prices were US$1,970.13 and US$858.99, respectively. Its trading volume was 504,925 on April 6.

The company's revenue increased by 60.5% YoY to US$2.13 billion in Q4, FY21, while its net loss came in at US$46.10 million, or US$0.92 per diluted share. For fiscal 2021, the company's net revenue was US$7.06 billion.

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Coupang, Inc. (NYSE: CPNG)

Coupang is one of the largest South Korean e-commerce firms based in Songpa-gu, Seoul. It sells products like household goods, apparel, beauty products, etc.

The stock of the company traded at US$17.52 at 1:46 pm ET on April 7, down 5.45% from its previous closing price. The CPNG stock tumbled 35.48% YTD.

The market cap of the company is US$30.73 billion, and the forward one-year P/E ratio is -33.69. Its EPS is US$-1.40.

The stock saw the highest price of US$47.65 and the lowest price of US$15.28 in the last 52 weeks. Its share volume on April 6 was 8,283,737.

The company's net revenue surged 34% YoY to US$5.1 billion in Q4, FY21, while its net loss was US$404.97 million, or US$0.23 per share. For fiscal 2021, the company's total net sales rose 54% YoY to US$18.40 billion.

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 E-commerce stocks: AMZN, BABA, MELI, CPNG, W

Wayfair Inc. (NYSE: W)

Wayfair is an e-commerce firm engaged in selling furniture and other household goods. It is based in Boston, Massachusetts.

The shares of the company traded at US$107.51 at 1:53 pm ET on April 7, up 0.52% from their closing price of April 6. Its stock value plummeted 45.37% YTD.

The firm has a market cap of US$11.35 billion, and a forward one-year P/E ratio of -15.50. Its EPS is US$-1.37.

The 52-week highest and lowest stock prices were US$339.56 and US$100.57, respectively. Its trading volume was 2,321,472 on April 6.

The company will release its first-quarter fiscal 2022 results on May 5, before the market opens.

Meanwhile, in the fourth quarter of fiscal 2021, the company's net revenue was US$3.3 billion, and its net loss was US$202 million, or US$1.92 per diluted share. For fiscal 2021, the company's net revenue was US$13.7 billion.

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Bottom line:

The S&P 500 consumer discretionary index gained 2.63% over the past 12 months while declining 11.46% YTD. The markets have been volatile amid elevated inflation and supply chain disruptions in recent times. So, investors should carefully evaluate the companies before splurging on stocks.

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