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In this article I use AAII’s A+ Stock Grades to provide insight into three online retail service stocks. With the recent reliance on technology, is it time that you consider these online services such as Netflix
NFLX
PINS
SPOT
The world is becoming more digitally connected, so it’s no surprise that e-commerce sales are expected to exceed $1.1 trillion in 2023. However, for these companies, it is vital to stay ahead of the trends that are shaping the industry. Consumers are constantly turning to subscription services for convenience, value and personalization. The introduction of in-app purchases has made apps such as Pinterest and Instagram competitors in the e-commerce landscape.
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