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Are Ecommerce Stocks Ready for a Comeback? Analysts Offer 3 Beaten-Down Names With Big Upside Potential
Economic headwinds, in the form of rising inflation, rising interest rates, a possible collapse in the housing market, and an increasing probability of a recession have taken their toll on consumer sentiment, which in turn is taking its toll on the retail sector. Ecommerce firms, which benefited from the corona crisis of 2020, are feeling the pressure too. It seems, for now, that no one is safe. But really? In an analysis from Stifel, analyst Scott Devitt sees a path forward for online retailers
Source: https://finance.yahoo.com/news/tonix-pharmaceuticals-walks-covid-19-131835215.html