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Ecommerce Stocks To Add to Your Watchlist - October 3rd

Walmart logo with Retail/Wholesale background

Key Points

  • Walmart, GameStop, and GigaCloud Technology are highlighted as top Ecommerce stocks to watch due to their significant trading volumes recently.
  • Walmart operates a diverse range of retail formats and eCommerce platforms worldwide, making it a key player in the sector.
  • GigaCloud Technology focuses on end-to-end B2B ecommerce solutions for large parcel merchandise, connecting manufacturers in Asia with resellers globally.
  • Five stocks to consider instead of Walmart.

Walmart, GameStop, and GigaCloud Technology are the three Ecommerce stocks to watch today, according to MarketBeat's stock screener tool. Ecommerce stocks are shares of publicly traded companies that generate a substantial portion of their revenue through online sales platforms and digital marketplaces. Investors buy these stocks to gain exposure to the growth potential of internet-based retail, typically evaluating metrics such as site traffic, customer acquisition cost, gross merchandise volume and profitability trends. These companies had the highest dollar trading volume of any Ecommerce stocks within the last several days.

Walmart (WMT)

Walmart Inc. engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

Read Our Latest Research Report on WMT

GameStop (GME)

GameStop Corp., a specialty retailer, provides games and entertainment products through its stores and ecommerce platforms in the United States, Canada, Australia, and Europe. The company sells new and pre-owned gaming platforms; accessories, such as controllers, gaming headsets, and virtual reality products; new and pre-owned gaming software; and in-game digital currency, digital downloadable content, and full-game downloads.

Read Our Latest Research Report on GME

GigaCloud Technology (GCT)

GigaCloud Technology Inc. provides end-to-end B2B ecommerce solutions for large parcel merchandise in the United States and internationally. The company offers GigaCloud Marketplace integrates product discovery to payments to logistics tools into one easy-to-use platform. Its marketplace connects manufacturers primarily in Asia with resellers in the United States, Asia, and Europe to execute cross-border transactions across furniture, home appliance, fitness equipment, and other large parcel categories.

Read Our Latest Research Report on GCT

See Also

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