SE, CPNG, AMZN, BABA, MELI, EBAY
by wenke3000 | October 13, 2021 8:26 am
I was comparing performance of the biggest e-commerce players internationally and the differences are, to me, astonishing:
(1 year)
SE + 88%
EBAY +34%
MELI +21%
AMZN -1%
BABA -45%
CPNG -47% (until now)
I still think e-commerce has a long way to go and a long way to grow. It could be nice, Mr. Gumshoe, if you’d do a little ‘e-commerce’-sphere special, your thoughts on the companies and why (even though online sales and shopping are increasing drastically all over the globe) there seems to be such a big difference in performance.
kind regards
Source URL: https://www.stockgumshoe.com/2021/10/microblog-se-cpng-amzn-baba-meli-ebay/
Thanks wenke… certainly a wide variety of businesses there, though all touch on e-commerce to one degree or another. During this year you can probably judge which stock climbed most dramatically by just asking, “who’s got the best revenue growth right now?” That has been the focus of many investors in this crazy year, though there are plenty of other things that distinguish these companies — like Coupang going public at the height of the market, Sea continuing to grow into more countries, eBay losing its COVID bounce, and Alibaba facing the backlash against “big China” stocks. I still own large positions in Sea and Amazon, and some Coupang options… I’ve been tempted by MercadoLibre a couple times but never quite bought, and eBay would have to be really cheap to be appealing, given the much weaker growth — it is cheap compared to the others, I don’t know if it’s cheap enough.
The only one of those that I’d easily buy at today’s price is Amazon, for whatever that’s worth, though Coupang is probably worth another wave of research to see what’s going on there, I haven’t checked out their latest filings. Appreciate the suggestion.
Thank you for your reply. Who knows we’ll see some Friday File action on CPNG soon!
Have a great day
I personally like Amazon at these levels. Long term history suggest it is overdue for a run up. Chart seems to suggest higher lows and some higher higher long term. I’m surprised baba didn’t make a run up after Munger holding disclosure. It seems to be running up now but it took few days/weeks until after the comments. Meli seems to be in a good position and fair price historically and based on continued strong earnings. I’m not sure Amazon can continue to outperform the other’s you’ve listed but I’ve also said that before and their track record of outperformance is strong.