This group of retail stocks is crushing the market this year

  • 📰 CNBC
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Exchange-traded funds focused on e-commerce are the way to play the retail sector without getting burned, some experts say.

Over the last two years, IBUY has tacked on nearly 44% in market value, trouncing the XRT's less than 3% gain. The, which actually bets against physical stores while betting on the rise of online retail, gained almost 36% over the same time period.

"I think, more and more, we're using online purchases. I know the Amazon boxes are showing up at our house all the time," Tom Lydon, editor and proprietor of ETFTrends.com, said in the same "ETF Edge" interview. "I think what Christian's done here is by having a select amount, by having them equal weight, you're not taking any big bets.", Magoon said it seizes on the same idea, and he acknowledged its relative success.

"There's sentiment in the brick-and-mortar [space] that goes way too far over. CLIX shorts it and has profited at times from it," Magoon said. His bottom line? E-commerce growth is "not just happening in the U.S., it's happening around the world. Growth is about 20% on average in the online retail space."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trump's trade wars have cost the stock market $5 trillion and counting: Deutsche BankIn an escalated trade war with China and now Mexico, the U.S. is losing trillions of dollars in foregone U.S. equity returns, Deutsche Bank said Friday. Less money for DB to loan him again. Nonsense CNBC needs to avoid politics
Source: CNBC - 🏆 12. / 72 Read more »

When the ‘herds get spooked,’ this is what a stock market crash could look likeEvery time the market seems to be caught in a death spiral lately, buyers step up to nab the discounts. That buy-the-dip mentality has, again, been bolstered...
Source: MarketWatch - 🏆 3. / 97 Read more »

Value investments are the cheapest in 30 years, but some market watchers say bewareValue-oriented investments are at at the biggest discount ever, according to J.P. Morgan, but some market watchers aren't convinced they're buys.
Source: CNBC - 🏆 12. / 72 Read more »