How to Play E-commerce After Walmart's Earnings Gives Amazon Run For its Money
At this point, it isn't just Amazon.com Inc running the e-commerce show in the U.S. Although Amazon is still dominant in the category, tons of department stores and retail brands have digital platforms, players like Etsy Inc and Ebay Inc are strong, and Walmart Inc.
Is seeing its e-commerce business explode.
Walmart's e-commerce sales grew 43% year-over-year in its latest quarter, in which it blew expectations out of the water.
So to get exposure to the business, how does an investor invest?
See RealMoney's recent analysis of Walmart here.
"E-commerce is really a question for the entire retail space at this point," Mike Loewengart, vice president of investment strategy at E*Trade said.
"When we think about the results out that we saw out of Walmart, that certainly bucked the trend of the broader retail numbers.
When you think about Walmart's numbers, they're impressive but it's worth digging a little deeper.
The increase in revenue really came from rising prices, so we really need to ask ourselves how sustainable is that?" So here are "key names that are worth paying attention to" in e-commerce, Loewengart said: Amazon Walmart Dillard's Inc.
TJX Companies Inc.
J C Penney Company Inc.