The one constant, maybe the only constant, in our world is change. And the internet age has accelerated that change. Web 2.0, as it's known, expanded the internet from a way to find information to a global instrument of commerce. Overnight, businesses had a way to reach consumers from around their home country and around the world. The world of eCommerce was born.
And that child is growing up fast. According to Statista, eCommerce revenue is expected to grow from $3.65 trillion in 2023 to $5.58 trillion by 2027. That's a compound annual growth rate of 11.22%. At that time, the average revenue per user (ARPU) is expected to reach $829.50.
It's not that surprising. Most Americans have a computer in their pocket, purse, or car that allows them to make purchases in real time. The global pandemic in 2020 has cemented behaviors into our society.
That creates an opportunity for investors. In this special report, we look at seven eCommerce stocks that are not only performing well today but will continue to be good investments for years to come.
Click the "Continue to Slide #1" button to view the first company.
