TD Ameritrade | November 24, 2020
In an interview with TD Ameritrade’s Oliver Renick, Simeon Hyman says the U.S. Census Bureau reports a 30-40% increase in e-commerce sales “even as overall retail was a little bit weak.” He states that online retail makes up only about 14% of all US retail sales “even when we’re not up to shopping and full strength in bricks-and-mortar” and, looking to Black Friday, “the odds are those trends are going to continue.” See ONLN holdings and performance.
ONLN Holdings as of 11/30: AMZN 23.89%, BABA 10.54%, ETSY 5.15%, CHWY 5.09%, W 4.64%, EBAY 4.40%, OSTK 3.94%, SFIX 3.35%.
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