(US) 3 E-Commerce Stocks - Amazon, JD.com, Walmart

The Motley suggests three stocks that can be Buy and Hold for the Next Decade - AMAZON.COM, JD.COM, WALMART.

1. AMAZON.COM (AMZN) - It remains the first place consumers turn when they want to shop online, and during its annual two-day Prime Day sales event this year, over 300 million items were sold as consumers were in a shopping frenzy, buying almost 1,700 items a second. It closed at USD124.66 (+USD1.13) yesterday.

2. JD.COM (JD) - With China's imposing of lockdowns on its people, JD could be hurt, because under China's zero-COVID policies there are no exemptions for online delivery. This will likely only be temporary, though, as people must be allowed to buy food at least. It closed at USD57.10 (+USD0.28) yesterday.

3. WALMART (WMT) - As consumers continue to deal with the highest inflation rates in 40 years, loyalty programs are seen increasing loyalty during such times. As Walmart+ becomes a better deal for members, Walmart stock is a good deal for investors as it will be a retail force for decades to come, both online and offline. It closed at USD134.33 (+USD1.14) yesterday.

Source: The Motley Fool

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