The COVID-19 pandemic has caused fundamental shifts in shopping habits, and these habits are here to stay. E-commerce companies experienced record level of growth in 2020. Throughout 1HFY21, businesses continued to see accelerated growth trends.
With its huge and growing market, Amazon is a leader in E-commerce. Among the e-commerce stocks we cover, AMZN was the clear winner in 2020, massively benefitting from the pandemic due to strong demand for essential and AWS business.
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