E-Commerce Growth Is Back: 2 Smart Stocks to Buy [Yahoo! Finance]
GXO Logistics, Inc. (GXO)
Company Research
Source: Yahoo! Finance
Both companies look set to benefit from a pickup in growth in e-commerce spending that will encourage capital spending in the future. Here's why these two stocks could be great additions to a portfolio. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » In truth, the growth in e-commerce spending has never really gone away. Still, the cadence of the development often means more than anything. That observation rings true when considering what happened in the e-commerce market in the U.S. over the last five years. It was growing a mid-teens clip before the pandemic struck, and then the lockdowns imposed on the populace led to a massive surge in demand in 2020. Moreover, as you can see in the chart below, 2021 was also an exceptional year, both on a year-over-year basis and considering how strong the previous year's growth was. Let's put it this way: U.S. e-commerce spending in 2021 was a whopping 67% above the level in 201
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GXO
News
- SAMSE Group and GXO join forces to optimize omnichannel logisticsGlobeNewswire
- GXO reaches new heights with extension for Guess [Yahoo! Finance]Yahoo! Finance
- GXO reaches new heights with extension for GuessGlobeNewswire
- Why GXO Logistics Stock Fell This Week [Yahoo! Finance]Yahoo! Finance
- Why GXO Logistics (GXO) Stock Is Down Today [Yahoo! Finance]Yahoo! Finance
GXO
Earnings
- 11/4/24 - In-Line
GXO
Sec Filings
- 12/4/24 - Form 8-K
- 11/14/24 - Form SC
- 11/5/24 - Form 10-Q
- GXO's page on the SEC website