Some investors probably lump all online shopping stocks together, thinking they are a waste of time and destined to be perpetual losers because of the bloated losses, quarter after quarter, of Amazon.com, Inc. (Nasdaq: AMZN). Billionaire Jeff Bezos, Amazon’s visionary founder, perhaps went off the tracks pursuing launches of everything from smart phones to drones, while forgetting the e-commerce sales model that started it all. Or maybe he has a grand plan that most of us have yet to realize. #-ad_banner-#Either way, it would be unwise to think other online shopping companies have no choice but to follow suit and expand to other businesses in order… Read More
Some investors probably lump all online shopping stocks together, thinking they are a waste of time and destined to be perpetual losers because of the bloated losses, quarter after quarter, of Amazon.com, Inc. (Nasdaq: AMZN). Billionaire Jeff Bezos, Amazon’s visionary founder, perhaps went off the tracks pursuing launches of everything from smart phones to drones, while forgetting the e-commerce sales model that started it all. Or maybe he has a grand plan that most of us have yet to realize. #-ad_banner-#Either way, it would be unwise to think other online shopping companies have no choice but to follow suit and expand to other businesses in order to make a buck. Three following three companies are doing are churning out solid, growing profits, offer a seemingly endless variety of goods and have a clearly defined direction — unlike Amazon. One is headquartered in the United States, one is Asian and the other is Latin American. The latter two have a particular appeal because emerging markets show strong potential for online shopping plays because of their less developed brick-and-mortar economies. Overstock.com, Inc. (Nasdaq: OSTK) Overstock.com, with a modest but growing $578 million market cap, is an online discount retailer headquartered near Salt Lake City, Utah. The company… Read More