These e-commerce stocks that have done great during the pandemic are going to have a more difficult time going forward, IMO. BIGC has been a big winner since their IPO this year. And LSPD has rocketed in the past two months.
SHOP is a monster--but way, way overdone on the upside based on their current fundamentals.
OLB is a very cheap stock, both in valuation of under 3X revenues and a stock price of $4.50. Would not be surprised to see 100% gain in OLB in the next two quarters and still just hit a modest valuation.
BIGC could see another run, but it would be difficult to see a 40% gain in the next six months without some significant revenue growth.
Any thoughts on this, mick?
JMO
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