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Best Ecommerce Stocks to Buy Now (2023)

Top ecommerce stocks in 2023 ranked by overall Zen Score. See the best ecommerce stocks to buy now, according to analyst forecasts for the internet retail industry.

According to Zen Score, the 3 best e-commerce stocks to buy right now are:

Pdd Holdings (NASDAQ:PDD) is the top ecommerce stock with a Zen Score of 59, which is 34 points higher than the ecommerce industry average of 25. It passed 19 out of 33 due diligence checks and has strong fundamentals. Pdd Holdings has seen its stock return 89.23% over the past year, overperforming other ecommerce stocks by 103 percentage points.

Pdd Holdings has an average 1 year price target of $111.75, an upside of 47.23% from Pdd Holdings's current stock price of $75.90.

Pdd Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Pdd Holdings, 87.5% have issued a Strong Buy rating, 12.5% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Liquidity Services (NASDAQ:LQDT) is the second best ecommerce stock with a Zen Score of 51, which is 26 points higher than the ecommerce industry average of 25. It passed 16 out of 33 due diligence checks and has strong fundamentals. Liquidity Services has seen its stock lose -23.07% over the past year, underperforming other ecommerce stocks by -10 percentage points.

Liquidity Services has an average 1 year price target of $20.00, an upside of 51.86% from Liquidity Services's current stock price of $13.17.

Liquidity Services stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Liquidity Services, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Oriental Culture Holding (NASDAQ:OCG) is the third best ecommerce stock with a Zen Score of 48, which is 23 points higher than the ecommerce industry average of 25. It passed 15 out of 33 due diligence checks and has strong fundamentals. Oriental Culture Holding has seen its stock lose -89.98% over the past year, underperforming other ecommerce stocks by -77 percentage points.

Out of 4 ecommerce stocks that have issued dividends in the past year, the 3 ecommerce stocks with the highest dividend yields are:

Natural Health Trends (NASDAQ:NHTC) has an annual dividend yield of 16.19%, which is 11 percentage points higher than the ecommerce industry average of 5.33%. Natural Health Trends's dividend payout is not stable, having dropped more than 10% seven times in the last 10 years. Natural Health Trends's dividend has shown consistent growth over the last 10 years.

Natural Health Trends's dividend payout ratio of 2,666.7% indicates that its high dividend yield might not be sustainable for the long-term.

Jdcom (NASDAQ:JD) has an annual dividend yield of 2.87%, which is -2 percentage points lower than the ecommerce industry average of 5.33%.

Jdcom's dividend payout ratio of 130.7% indicates that its dividend yield might not be sustainable for the long-term.

Ebay (NASDAQ:EBAY) has an annual dividend yield of 2.05%, which is -3 percentage points lower than the ecommerce industry average of 5.33%. Ebay's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Ebay's dividend has shown consistent growth over the last 10 years.

Ebay's dividend payout ratio of -38.8% indicates that its dividend yield might not be sustainable for the long-term.

Ecommerce stocks were up 3.06% in the last day, and up 9.36% over the last week. Carvana Co was the among the top gainers in the internet retail industry, gaining 10.87% yesterday.

Shares of companies in the broader consumer discretionary sector are trading higher amid overall market strength after PCE data came in below estimates, which has raised hopes of slowing inflation.

Based on WallStreetZen's Valuation Score, the 3 most undervalued ecommerce stocks right now are:

Oriental Culture Holding (NASDAQ:OCG) is the most undervalued ecommerce stock based on WallStreetZen's Valuation Score. Oriental Culture Holding has a valuation score of 100, which is 71 points higher than the ecommerce industry average of 29. It passed 7 out of 7 valuation due diligence checks.

Oriental Culture Holding's stock has dropped -89.98% in the past year. It has underperformed other stocks in the ecommerce industry by -77 percentage points.

Liquidity Services (NASDAQ:LQDT) is the second most undervalued ecommerce stock based on WallStreetZen's Valuation Score. Liquidity Services has a valuation score of 86, which is 57 points higher than the ecommerce industry average of 29. It passed 6 out of 7 valuation due diligence checks.

Liquidity Services's stock has dropped -23.07% in the past year. It has underperformed other stocks in the ecommerce industry by -10 percentage points.

Gigacloud Technology (NASDAQ:GCT) is the third most undervalued ecommerce stock based on WallStreetZen's Valuation Score. Gigacloud Technology has a valuation score of 71, which is 42 points higher than the ecommerce industry average of 29. It passed 5 out of 7 valuation due diligence checks.