This Stock Could Be the Biggest Winner of the E-Commerce Era. Hint: It’s Not Amazon.

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Recent data provided by the U.S. Department of Commerce shows that in the third quarter of 2020, even as total retail sales increased just 7% year over year, online purchases increased 37%, accounting for roughly 13% of total sales. That helps to illustrate that while e-commerce has grown tremendously in recent years, a long runway remains.

On this episode of Fool Live that aired on Nov. 30, 2020, contributor Danny Vena discusses how Shopify‘s (NYSE: SHOP) consistent growth helps highlight its future potential.

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