Reported about 21 hours ago
Global-E Online Ltd. (NASDAQ:GLBE) stands out as one of the best internet retail stocks according to analysts, ranking fourth on a list of 11 top picks. Despite market volatility driven by trade uncertainties, retail sales rose 1.4% in March, boosting investor confidence. Analysts cite GLBE's strong growth in online traffic and its potential to benefit from recent tariff changes as key factors in their positive assessments. Morgan Stanley recently reiterated a Buy rating with a $46 price target, highlighting the company's potential for significant financial performance moving forward.
Source: YAHOO