RE: Stockopedia6 Jun 2022 14:18
And this one from Paul Scott:-
eCommerce generally has been so battered in the last year, I think there seem to be some obvious bargains there now. So maybe the sector could surprise later in 2022, or 2023, particularly if freight rates begin to moderate? One year’s dog, is quite often the surprise winner the following year. Time will tell.
I think you could see structural growth in online resume this year, once the distortions of the pandemic fully annualise, around now. Demand was undoubtedly pulled through early in 2020, then dropped back in 2021, hence it appeared that growth had stopped. I reckon we could see a return to more normal, long-term structural growth this year. That might surprise the market, and lead to eCommerce shares re-rating upwards. Who knows, it’s only my theory at this stage, but it makes sense to me anyway.