IBD Retail-Internet Group Rides Online Spending Boom

By | January 6, 2014

Scalper1 News

Consumers love to do their shopping online these days — not only in the U.S. but China as well. For proof, just look at the leading stocks in IBD’s Retail-Internet industry group. Amazon.com (AMZN) tends to get the lion’s share of headlines — and rightly so — because it’s the 800-pound gorilla with a market capitalization of $180 billion. The Street has been patient with Amazon, looking past several quarters of year-to-year earnings declines and Scalper1 News

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