A positive prediction…
The future of e-commerce is looking brighter than ever.
E-commerce has seen a wave of growth thanks to the pandemic and the” stay-at-home “orders we saw sweep across the country. And now, we’re looking at an explosion in the sector like we’ve never seen before.
We’re looking at two years’ worth of e-commerce growth packed into the next few months with the upcoming holiday season. Stores are shifting their famouse” Black Friday “sales to an online platform, free shipping is offered, and Americans are finding themselves able to get all their gifts (with good deals) all from the comfort of their couch.
Where’s the money?
Online sales this November and December are forecast to climb 33% year over year to a record of $189 billion. This is based on web transactions of 80 of the top 100 U.S. internet retailers.
We could see those massive gains climb even higher if we see another round of stimulus checks or brick-and-mortar locations are forced to shut down once again. If this happens, we could see consumers spend an extra $11 billion. That would push the total holiday spending past $200 billion – a mindblowing figure. To put this into perspective, the holiday season is likely to have 18 days where online spending tops $3 billion in a 24-hour period.
And here’s how you can cash in on this impressive performance…
How do I get some?
Currently, we’re seeing the number of new Coronavirus cases trending higher daily. And if Europe is any indication of the future, it seems like we could be looking at a third wave meaning that the current climate will most likely remain.
And we’ve already seen this happening in some states as many are rolling back their decision to lift lockdown measures. So, I genuinely believe that this sector will see well over $200 billion in the next two months.
So, with that said, when it comes to investing in the rush of cash into the e-commerce sector, I would focus on large companies with online sales, specifically those who offer items for the home. For me, that turns my focus on three big names: Walmart, Target, and Amazon. I believe by investing in these e-commerce giants; you’ll find quick cash as the holiday season rolls in.
In the spotlight: Microsoft topples earnings with ease…
Microsoft Corp. Topped earnings and sales expectations with ease in their most recent earnings report. The company reported that all three of its core segments grew stronger as the demand for cloud-based services and videogames grew due to the stay-at-home orders.
The company reported fiscal first-quarter earnings of $13.9 billion, or $1.82 a share, up from $1.38 a share a year ago. Revenue reached $37.2 billion, up from $33.06 billion a year ago. And now, the company is looking at an exciting upcoming year as the company will be launching the new Xbox consoles.
Microsoft has seen its stock gain 35.2% this year and is looking for more upside as the pandemic continues to keep people in their homes. And with the new Xbox coming to market soon, I agree that this stock is looking at more upside to come.
And that’s why I’m going to be keeping a close eye on this stock. And as soon as I see an opportunity – you’ll be the first to know.
As I mentioned above, the e-commerce industry has exploded during the pandemic. So many of us used our computers for shopping, entertainment, and everything in between while being locked down.
It was certainly an adjustment, but these trends are continuing even as re-opening phases have begun.
That’s why I was so intrigued to hear about one tiny self-powered computer that’s estimated to be in the hands of millions of Americans by the end of this year…
I want to show you what I think has the potential to be the biggest tech rollout in U.S. history, with the profits to match.
Click here now for the full story.