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3 E-Commerce Stocks You Can Buy and Hold for the Next Decade

3 E-Commerce Stocks You Can Buy and Hold for the Next Decade

E-commerce is now a permanent fixture on the retail landscape. Market research firm Research and Markets estimates this industry will reach $71 trillion in annual sales by 2028, taking its compound annual growth rate (CAGR) to 27% during that time. Although numerous companies across the retail landscape will benefit from this impressive growth, Amazon (NASDAQ: AMZN), MercadoLibre (NASDAQ: MELI), and Shopify (NYSE: SHOP) are particularly well-positioned to enrich investors.