5 Best E-commerce Stocks to Buy as Global Sales Hit Records

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1. Amazon.com, Inc. (NASDAQ:AMZN)

Short Percentage of Float: 0.94

Amazon.com, Inc. (NASDAQ:AMZN) is one of the best e-commerce stocks to buy as global sales hit records. The company’s advantage in online retail has long been tied to fulfillment depth, and Amazon is now pushing more of that logistics infrastructure beyond its own marketplace. On June 10, Amazon Supply Chain Services launched a less-than-truckload freight offering for all businesses in the U.S., expanding the service beyond inbound shipments to Amazon and allowing companies to ship pallets to third-party warehouses, distribution centers, retail partners, and other destinations.

The launch matters because it turns Amazon’s scale into a service for sellers and other businesses, regardless of where they sell. Amazon said the expanded offering is powered by more than 80,000 trailers and 24,000 intermodal containers, with real-time GPS tracking, next-day live pickup for orders placed by 5 p.m., same-day pickup through its drop-trailer option, and standing daily pickups for high-volume shippers. The company said its LTL service has served tens of thousands of Amazon selling partners and vendors since 2019 and moved millions of pallets across its U.S. network last year.

Amazon.com, Inc. (NASDAQ:AMZN) operates one of the world’s largest online retail marketplaces, supported by logistics, advertising, subscription, device, grocery, and cloud-computing businesses.

While we acknowledge the potential of AMZN to grow, our conviction lies in the belief that some other AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AMZN and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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