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Promising Ecommerce Stocks To Add to Your Watchlist - April 14th

Walmart logo with Retail/Wholesale background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat's screener highlights Walmart (WMT), GameStop (GME), and GigaCloud Technology (GCT) as the ecommerce stocks to watch, based on the highest dollar trading volume in recent days.
  • Walmart is a global retailer with sizable ecommerce operations (including Flipkart and PhonePe), GameStop is a specialty gaming retailer selling both physical and digital products online, and GigaCloud offers end-to-end B2B cross-border ecommerce solutions for large-parcel merchandise.
  • MarketBeat previews the top five stocks to own by May 1st.

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 companies whose primary business is selling goods online or providing the technology and services that enable online commerce—this includes online retailers, marketplaces, payment processors, logistics providers, and ecommerce SaaS platforms. For investors, these stocks are often viewed as growth-oriented and are evaluated based on metrics like online sales growth, customer acquisition and retention, take-rates, and margins, while being sensitive to consumer spending, competition, and changes in digital-adoption 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

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