ZhengDe
2021-06-30
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2 E-Commerce Stocks You Can Buy and Hold for the Next Decade<blockquote>未来十年可以购买并持有的2只电子商务股票</blockquote>
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While some leaders will likely see growth decelerate in 2021 following the surge in order volume during the pandemic, that doesn't mean the e-commerce growth story is over. eMarketer now expects e-commerce sales to make up 15.5% of total retail sales in 2021, an upward revision from the initial estimate of 13.2%.</p><p><blockquote>寻找长期投资的最佳领域之一是在线零售。虽然在疫情期间订单量激增后,一些领导者可能会在2021年看到增长放缓,但这并不意味着电子商务增长的故事已经结束。eMarketer目前预计,2021年电子商务销售额将占零售总额的15.5%,较最初估计的13.2%有所上调。</blockquote></p><p> The pandemic seemed to lift the plateau for online shopping. Because of that, the post-pandemic environment is a big opportunity for <b>Etsy</b>(NASDAQ:ETSY) and <b>Chewy</b>(NYSE:CHWY)to win over new customers and deliver market-beating returns to investors over the next decade.</p><p><blockquote>疫情似乎提升了网上购物的平台期。正因为如此,大流行后的环境是一个巨大的机会<b>Etsy</b>(纳斯达克:ETSY)和<b>耐嚼</b>(纽约证券交易所股票代码:CHWY)赢得新客户,并在未来十年为投资者提供跑赢市场的回报。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e3cb7c4b4f6feaad77d6f8fa8012ce9e\" tg-width=\"700\" tg-height=\"466\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源:盖蒂图片社。</span></p></blockquote></p><p> <b>Etsy</b></p><p><blockquote><b>Etsy</b></blockquote></p><p> Etsy continues to be a disruptive force in e-commerce, and its performance during the pandemic shows why. When everyone turned online to shop for goods, Etsy's gross merchandise sales more than doubled the growth of the total U.S. e-commerce market. Revenue grew 111% in 2020 to reach $1.7 billion, which Etsy derives from the fees it charges on each transaction made on the marketplace and for advertising and shipping services.</p><p><blockquote>Etsy仍然是电子商务领域的颠覆性力量,其在大流行期间的表现说明了原因。当每个人都转向网上购物时,Etsy的商品销售总额是美国电子商务市场总额增长的两倍多。2020年收入增长111%,达到17亿美元,Etsy的收入来自对市场上每笔交易以及广告和运输服务收取的费用。</blockquote></p><p> \"In a time when human connection is so vital, Etsy provides a one-of-a-kind community where sellers are empowered to grow their businesses, reaching buyers who value finding items that express their unique identity, while putting their money where their heart is,\" CEO John Silverman said in the first-quarter earnings release.</p><p><blockquote>“在人际关系如此重要的时代,Etsy提供了一个独一无二的社区,卖家可以在这里发展业务,接触到重视寻找表达其独特身份的商品的买家,同时将钱花在他们的地方。”首席执行官约翰·西尔弗曼在第一季度财报中表示。</blockquote></p><p> It will be difficult to maintain this pace of growth coming out of the pandemic. Management's guidance calls for second-quarter revenue to be up between 15% to 25% year over year. But Etsy doesn't need to grow at triple-digit rates to deliver wealth-building returns to investors.</p><p><blockquote>疫情将很难保持这种增长速度。管理层指导评级第二季度收入同比增长15%至25%。但Etsy不需要以三位数的速度增长才能为投资者带来财富积累的回报。</blockquote></p><p> At a price-to-free-cash-flow ratio of 35, the stock doesn't look expensive relative to long-term growth expectations. Analysts expect free cash flow per share to finish 2021 at $4.97 before growing 25% in 2022 and accelerating by a 32% rate in 2023. These rates are similar to the levels at which it was growing through 2019 and would be more than enough to send the stock higher over the next few years.</p><p><blockquote>该股的市价与自由现金流比率为35,相对于长期增长预期,该股看起来并不昂贵。分析师预计,2021年每股自由现金流将达到4.97美元,然后在2022年增长25%,并在2023年加速32%。这些利率与2019年的增长水平相似,足以在未来几年推高该股。</blockquote></p><p> Etsy is also showing a good track record of acquiring other marketplaces, such as Reverb (in 2019) and most recently Depop and Brazil-based Elo7. These could also generate investor returns over the next decade.</p><p><blockquote>Etsy在收购其他市场方面也表现出了良好的记录,例如Reverb(2019年)以及最近的Depop和巴西的Elo7。这些也可能在未来十年为投资者带来回报。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/04bef6c00f118e4020ad50cbc0861b45\" tg-width=\"700\" tg-height=\"466\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源:盖蒂图片社。</span></p></blockquote></p><p> <b>Chewy</b></p><p><blockquote><b>耐嚼</b></blockquote></p><p> Chewy is the leading online retailer for pet products, a large and growing market valued at $98 billion. The company is still a small player with only $7.7 billion in trailing-12-month revenue, but it's taking market share and growing fast. In fiscal 2019, revenue grew 40% before accelerating to 47% in fiscal 2020.</p><p><blockquote>Chewy是领先的宠物产品在线零售商,这是一个价值980亿美元的庞大且不断增长的市场。该公司仍然是一家小公司,过去12个月的收入仅为77亿美元,但它正在占据市场份额并快速增长。2019财年,收入增长了40%,然后在2020财年加速至47%。</blockquote></p><p> Chewy is in a great position to grow with pet ownership, which has already increased from 56% of U.S. households in 1988 to 67% in 2020. Its active customer total grew 75% over the last two years to reach 19.8 million in the first quarter.</p><p><blockquote>Chewy在拥有宠物方面处于有利地位,美国家庭的宠物数量已从1988年的56%增加到2020年的67%。过去两年,其活跃客户总数增长了75%,第一季度达到1980万。</blockquote></p><p> What's more, spending per customer is also rising. To help speed this along,Chewy continues to expand into other categories, such as personalized services, healthcare, and better search and discovery features to help customers find the right pet food among its vast selection.</p><p><blockquote>此外,每位顾客的支出也在上升。为了帮助加快这一进程,Chewy继续扩展到其他类别,如个性化服务、医疗保健以及更好的搜索和发现功能,以帮助客户在众多选择中找到合适的宠物食品。</blockquote></p><p> The stock looks expensive, trading at an astronomical price-to-free-cash-flow multiple of 414. But that's due to high spending to drive growth, such as for advertising, opening fulfillment centers, and expanding selection. However, this business is built to produce plenty of free cash flow down the road. Continued growth in active customers should lead to growing profits, since a customer's second purchase is margin positive to Chewy.</p><p><blockquote>该股看起来很昂贵,交易价格与自由现金流的比率高达414倍。但这是由于推动增长的高额支出,例如广告、开设履行中心和扩大选择范围。然而,这项业务旨在产生大量的自由现金流。活跃客户的持续增长应该会带来利润的增长,因为客户的第二次购买对Chewy来说是正利润。</blockquote></p><p> At a price-to-sales ratio of 4.5, the stock should have substantial upside over the next decade as margin improvement kicks in and Chewy gains market share in the burgeoning online retail market for pet products.</p><p><blockquote>按照4.5的市销率,随着利润率的提高以及Chewy在蓬勃发展的宠物产品在线零售市场中获得市场份额,该股在未来十年应该会有大幅上涨空间。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 E-Commerce Stocks You Can Buy and Hold for the Next Decade<blockquote>未来十年可以购买并持有的2只电子商务股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 E-Commerce Stocks You Can Buy and Hold for the Next Decade<blockquote>未来十年可以购买并持有的2只电子商务股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-06-30 15:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p>One of the best areas to look for long-term investments is online retail. While some leaders will likely see growth decelerate in 2021 following the surge in order volume during the pandemic, that doesn't mean the e-commerce growth story is over. eMarketer now expects e-commerce sales to make up 15.5% of total retail sales in 2021, an upward revision from the initial estimate of 13.2%.</p><p><blockquote>寻找长期投资的最佳领域之一是在线零售。虽然在疫情期间订单量激增后,一些领导者可能会在2021年看到增长放缓,但这并不意味着电子商务增长的故事已经结束。eMarketer目前预计,2021年电子商务销售额将占零售总额的15.5%,较最初估计的13.2%有所上调。</blockquote></p><p> The pandemic seemed to lift the plateau for online shopping. Because of that, the post-pandemic environment is a big opportunity for <b>Etsy</b>(NASDAQ:ETSY) and <b>Chewy</b>(NYSE:CHWY)to win over new customers and deliver market-beating returns to investors over the next decade.</p><p><blockquote>疫情似乎提升了网上购物的平台期。正因为如此,大流行后的环境是一个巨大的机会<b>Etsy</b>(纳斯达克:ETSY)和<b>耐嚼</b>(纽约证券交易所股票代码:CHWY)赢得新客户,并在未来十年为投资者提供跑赢市场的回报。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e3cb7c4b4f6feaad77d6f8fa8012ce9e\" tg-width=\"700\" tg-height=\"466\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源:盖蒂图片社。</span></p></blockquote></p><p> <b>Etsy</b></p><p><blockquote><b>Etsy</b></blockquote></p><p> Etsy continues to be a disruptive force in e-commerce, and its performance during the pandemic shows why. When everyone turned online to shop for goods, Etsy's gross merchandise sales more than doubled the growth of the total U.S. e-commerce market. Revenue grew 111% in 2020 to reach $1.7 billion, which Etsy derives from the fees it charges on each transaction made on the marketplace and for advertising and shipping services.</p><p><blockquote>Etsy仍然是电子商务领域的颠覆性力量,其在大流行期间的表现说明了原因。当每个人都转向网上购物时,Etsy的商品销售总额是美国电子商务市场总额增长的两倍多。2020年收入增长111%,达到17亿美元,Etsy的收入来自对市场上每笔交易以及广告和运输服务收取的费用。</blockquote></p><p> \"In a time when human connection is so vital, Etsy provides a one-of-a-kind community where sellers are empowered to grow their businesses, reaching buyers who value finding items that express their unique identity, while putting their money where their heart is,\" CEO John Silverman said in the first-quarter earnings release.</p><p><blockquote>“在人际关系如此重要的时代,Etsy提供了一个独一无二的社区,卖家可以在这里发展业务,接触到重视寻找表达其独特身份的商品的买家,同时将钱花在他们的地方。”首席执行官约翰·西尔弗曼在第一季度财报中表示。</blockquote></p><p> It will be difficult to maintain this pace of growth coming out of the pandemic. Management's guidance calls for second-quarter revenue to be up between 15% to 25% year over year. But Etsy doesn't need to grow at triple-digit rates to deliver wealth-building returns to investors.</p><p><blockquote>疫情将很难保持这种增长速度。管理层指导评级第二季度收入同比增长15%至25%。但Etsy不需要以三位数的速度增长才能为投资者带来财富积累的回报。</blockquote></p><p> At a price-to-free-cash-flow ratio of 35, the stock doesn't look expensive relative to long-term growth expectations. Analysts expect free cash flow per share to finish 2021 at $4.97 before growing 25% in 2022 and accelerating by a 32% rate in 2023. These rates are similar to the levels at which it was growing through 2019 and would be more than enough to send the stock higher over the next few years.</p><p><blockquote>该股的市价与自由现金流比率为35,相对于长期增长预期,该股看起来并不昂贵。分析师预计,2021年每股自由现金流将达到4.97美元,然后在2022年增长25%,并在2023年加速32%。这些利率与2019年的增长水平相似,足以在未来几年推高该股。</blockquote></p><p> Etsy is also showing a good track record of acquiring other marketplaces, such as Reverb (in 2019) and most recently Depop and Brazil-based Elo7. These could also generate investor returns over the next decade.</p><p><blockquote>Etsy在收购其他市场方面也表现出了良好的记录,例如Reverb(2019年)以及最近的Depop和巴西的Elo7。这些也可能在未来十年为投资者带来回报。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/04bef6c00f118e4020ad50cbc0861b45\" tg-width=\"700\" tg-height=\"466\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源:盖蒂图片社。</span></p></blockquote></p><p> <b>Chewy</b></p><p><blockquote><b>耐嚼</b></blockquote></p><p> Chewy is the leading online retailer for pet products, a large and growing market valued at $98 billion. The company is still a small player with only $7.7 billion in trailing-12-month revenue, but it's taking market share and growing fast. In fiscal 2019, revenue grew 40% before accelerating to 47% in fiscal 2020.</p><p><blockquote>Chewy是领先的宠物产品在线零售商,这是一个价值980亿美元的庞大且不断增长的市场。该公司仍然是一家小公司,过去12个月的收入仅为77亿美元,但它正在占据市场份额并快速增长。2019财年,收入增长了40%,然后在2020财年加速至47%。</blockquote></p><p> Chewy is in a great position to grow with pet ownership, which has already increased from 56% of U.S. households in 1988 to 67% in 2020. Its active customer total grew 75% over the last two years to reach 19.8 million in the first quarter.</p><p><blockquote>Chewy在拥有宠物方面处于有利地位,美国家庭的宠物数量已从1988年的56%增加到2020年的67%。过去两年,其活跃客户总数增长了75%,第一季度达到1980万。</blockquote></p><p> What's more, spending per customer is also rising. To help speed this along,Chewy continues to expand into other categories, such as personalized services, healthcare, and better search and discovery features to help customers find the right pet food among its vast selection.</p><p><blockquote>此外,每位顾客的支出也在上升。为了帮助加快这一进程,Chewy继续扩展到其他类别,如个性化服务、医疗保健以及更好的搜索和发现功能,以帮助客户在众多选择中找到合适的宠物食品。</blockquote></p><p> The stock looks expensive, trading at an astronomical price-to-free-cash-flow multiple of 414. But that's due to high spending to drive growth, such as for advertising, opening fulfillment centers, and expanding selection. However, this business is built to produce plenty of free cash flow down the road. Continued growth in active customers should lead to growing profits, since a customer's second purchase is margin positive to Chewy.</p><p><blockquote>该股看起来很昂贵,交易价格与自由现金流的比率高达414倍。但这是由于推动增长的高额支出,例如广告、开设履行中心和扩大选择范围。然而,这项业务旨在产生大量的自由现金流。活跃客户的持续增长应该会带来利润的增长,因为客户的第二次购买对Chewy来说是正利润。</blockquote></p><p> At a price-to-sales ratio of 4.5, the stock should have substantial upside over the next decade as margin improvement kicks in and Chewy gains market share in the burgeoning online retail market for pet products.</p><p><blockquote>按照4.5的市销率,随着利润率的提高以及Chewy在蓬勃发展的宠物产品在线零售市场中获得市场份额,该股在未来十年应该会有大幅上涨空间。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.fool.com/investing/2021/06/29/2-e-commerce-stocks-you-can-buy-and-hold-for-the-n/\">Motley Fool</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ETSY":"Etsy, Inc.","CHWY":"Chewy, Inc."},"source_url":"https://www.fool.com/investing/2021/06/29/2-e-commerce-stocks-you-can-buy-and-hold-for-the-n/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155463747","content_text":"One of the best areas to look for long-term investments is online retail. While some leaders will likely see growth decelerate in 2021 following the surge in order volume during the pandemic, that doesn't mean the e-commerce growth story is over. eMarketer now expects e-commerce sales to make up 15.5% of total retail sales in 2021, an upward revision from the initial estimate of 13.2%.\nThe pandemic seemed to lift the plateau for online shopping. Because of that, the post-pandemic environment is a big opportunity for Etsy(NASDAQ:ETSY) and Chewy(NYSE:CHWY)to win over new customers and deliver market-beating returns to investors over the next decade.\nIMAGE SOURCE: GETTY IMAGES.\nEtsy\nEtsy continues to be a disruptive force in e-commerce, and its performance during the pandemic shows why. When everyone turned online to shop for goods, Etsy's gross merchandise sales more than doubled the growth of the total U.S. e-commerce market. Revenue grew 111% in 2020 to reach $1.7 billion, which Etsy derives from the fees it charges on each transaction made on the marketplace and for advertising and shipping services.\n\"In a time when human connection is so vital, Etsy provides a one-of-a-kind community where sellers are empowered to grow their businesses, reaching buyers who value finding items that express their unique identity, while putting their money where their heart is,\" CEO John Silverman said in the first-quarter earnings release.\nIt will be difficult to maintain this pace of growth coming out of the pandemic. Management's guidance calls for second-quarter revenue to be up between 15% to 25% year over year. But Etsy doesn't need to grow at triple-digit rates to deliver wealth-building returns to investors.\nAt a price-to-free-cash-flow ratio of 35, the stock doesn't look expensive relative to long-term growth expectations. Analysts expect free cash flow per share to finish 2021 at $4.97 before growing 25% in 2022 and accelerating by a 32% rate in 2023. These rates are similar to the levels at which it was growing through 2019 and would be more than enough to send the stock higher over the next few years.\nEtsy is also showing a good track record of acquiring other marketplaces, such as Reverb (in 2019) and most recently Depop and Brazil-based Elo7. These could also generate investor returns over the next decade.\nIMAGE SOURCE: GETTY IMAGES.\nChewy\nChewy is the leading online retailer for pet products, a large and growing market valued at $98 billion. The company is still a small player with only $7.7 billion in trailing-12-month revenue, but it's taking market share and growing fast. In fiscal 2019, revenue grew 40% before accelerating to 47% in fiscal 2020.\nChewy is in a great position to grow with pet ownership, which has already increased from 56% of U.S. households in 1988 to 67% in 2020. Its active customer total grew 75% over the last two years to reach 19.8 million in the first quarter.\nWhat's more, spending per customer is also rising. To help speed this along,Chewy continues to expand into other categories, such as personalized services, healthcare, and better search and discovery features to help customers find the right pet food among its vast selection.\nThe stock looks expensive, trading at an astronomical price-to-free-cash-flow multiple of 414. But that's due to high spending to drive growth, such as for advertising, opening fulfillment centers, and expanding selection. However, this business is built to produce plenty of free cash flow down the road. Continued growth in active customers should lead to growing profits, since a customer's second purchase is margin positive to Chewy.\nAt a price-to-sales ratio of 4.5, the stock should have substantial upside over the next decade as margin improvement kicks in and Chewy gains market share in the burgeoning online retail market for pet products.","news_type":1,"symbols_score_info":{"ETSY":0.9,"CHWY":0.9}},"isVote":1,"tweetType":1,"viewCount":690,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/153547182"}
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