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2 Giants Will Dominate Online Holiday Sales

Face it, everybody you know, including yourself, loves the ease and the convenience of shopping online. No driving to crowded malls and fighting hordes of shoppers out to get loss-leaders that are designed to drag traffic into stores. Combine the convenience, with the fact that more and more consumers feel comfortable with the safety and security of Internet shopping, and you have a winning combination.

A new research report, Jefferies has two massive favorites when it comes to e-commerce, and with the holiday shopping season literally starting for some now, these stocks could get a huge fourth-quarter lift.

Also note that Wal-Mart Stores Inc. (NYSE: WMT), a primarily brick-and-mortar retailer fighting back against the Internet giants, has already posted its Black Friday specials. This is meant to help drive in-store and online sales for the retail giant.

Amazon

This is the absolute leader in online retail, and also a dominate player in cloud storage business, and it just crushed earnings last week. Amazon.com Inc. (NASDAQ: AMZN) serves consumers through retail websites, such as Amazon.com and Amazon.ca, which primarily include merchandise and content purchased for resale from vendors and those offered by third-party sellers.

ALSO READ: Merrill Lynch’s 4 Blue Chip Energy Dividend Stocks to Own for 2016

Jefferies notes that, according to ChannelAdvisor, same-store-sales for third-party sellers on the Amazon platform were up more than 16% year-over year in October, more than 19% in September and a stunning 25% plus in August. In fact, the firm thinks that Amazon is growing two to three times faster than overall e-commerce and almost 10 times faster than overall retail.

In addition to its massive retail presence...


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