2 E-Commerce Stocks To Buy In June, 2 To Avoid

A $490.81 million consensus revenue estimate for its  current fiscal year, ending January 2022, represents an 8.1% gain from the prior-year period. It surpassed the Street’s EPS estimates in each of the trailing quarters. Analysts expect the stock’s EPS to grow at a 30% rate per annum over the next five years. The stock has gained 170.8% over the past year and closed yesterday’s trading session at $10.21.

IMBI’s POWR Ratings reflect this promising outlook. The stock has an overall B rating, which equates to Buy in our proprietary rating system.

The stock has an A grade for Sentiment, and a B grade for Momentum. Click here to see the additional ratings for IMBI (Growth, Value, Stability and Quality).

IMBI is ranked #9 in the Internet industry. 

Stocks to Avoid:

Rakuten Group, Inc.

RKUNY is a Japan-based company that provides consumer and business focused services that include internet services, e-commerce and retail, internet finance and life insurance services, digital content, communication and messaging services. The company also invests in seed-stage technology start-ups.

On April 28,  RKUNY and Japan Post Co., Ltd., a Japan Post Holdings Co., Ltd. company engaged in postal, logistics, banking and life insurance business,  formed a joint venture under the name JP Rakuten Logistics, LLC. as a wholly owned subsidiary of RKUNY. The heightened demand for unattended redelivery and labor shortages in the domestic e-commerce market of the Japanese logistics industry is expected to allow this joint venture to provide a healthy and sustainable logistics environment.

For its fiscal 2021 first quarter, ended March 31, RKUNY’s non-GAAP operating loss increased 74.2% year-over-year to ¥31.59 billion ($286.44 million). This was attributed to ongoing prior investments in the mobile segment. The company’s net loss came in at ¥25.14 billion ($228.02 million), which represents a 28.8% year-over-year decline. Its loss per share decreased 29.4% year-over-year to ¥18.37.

The stock has lost 9.8% over the past month and closed yesterday’s trading session at $11.42, 23.2% lower than its 52-week high.

RKUNY’s weak fundamentals are reflected in its POWR Ratings. The stock has an overall D rating, which equates to Sell in our proprietary rating system.

The stock has an F grade for Growth, and a D grade for Quality. Click here to see the additional ratings for RKUNY (Value, Sentiment, Stability and Momentum).

RKUNY is ranked #32 of 44 stocks in the D-rated Internet – Services industry.

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