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1 Warning Sign for E-commerce Stocks

1 Warning Sign for E-commerce Stocks

Online sales have soared at both pure-play e-commerce companies and brick-and-mortar giants, and almost every stock with exposure to e-commerce has gotten a tailwind from the pandemic. Among the big winners this year have been Etsy (NASDAQ: ETSY), Shopify (NYSE: SHOP), and Wayfair (NYSE: W), all three of which have doubled this year, or even tripled, as the chart below shows.