According to data from Infiniti Research, e-commerce is still expected to grow at a 27% compound annual growth rate (CAGR) through 2027 globally. In fact, 66% of Williams-Sonoma's sales come from e-commerce, and it has grown e-commerce sales at an impressive 9.7% CAGR over the past 20 years. With Williams-Sonoma's large online presence and extensive scale, it should benefit as e-commerce penetration in the sector grows.
The online pet pharmacy is in the early stages of expanding its sights, making it an interesting buy for risk-tolerant investors.
Procter & Gamble (NYSE: PG), 3M (NYSE: MMM), and PetMed Express (NASDAQ: PETS) are all due to report quarterly numbers in January, but they share more than that coincidence. The companies sell everyday items and offer above-average dividends. Investors have shied away from 3M this year because it is facing lawsuits regarding earplugs it sold to the military and environmental suits for its use of per- and polyfluoroalkyl substances (PFAS), which it said it is phasing out by 2025.