The 3 Largest E-Commerce Stocks in 2020
Amazon.com (NASDAQ: AMZN), Alibaba (NYSE: BABA), and Shopify (NYSE: SHOP) stand as the world's biggest e-commerce companies, and each stock has recently gone on to hit new highs. Amazon delivered another stellar earnings report when it published second-quarter results on July 30, with sales and profit for the period both surpassing the market's expectations. Total sales in the quarter climbed 40% year over year to reach $88.9 billion, and the company's earnings per share soared 97% to come in at $10.30.
