E-commerce stocks have taken a beating in 2022, but 2023 could be a different story.
Wayfair (W -3.95%) thrived in the early stages of the pandemic when people were shopping online more often. As economies reopened, Wayfair has struggled. Is that an opportunity to buy the stock ahead of a potential rebound in 2023? This video will answer if Wayfair stock is a buy.
*Stock prices used were the afternoon prices of Dec. 13, 2022. The video was published on Dec. 18, 2022.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Wayfair. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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