Ecommerce Stocks to Watch on March 24th

Today, five ecommerce stocks are gaining attention among investors. These stocks include Walmart, Colgate-Palmolive, W.W. Grainger, GameStop, and BellRing Brands. Ecommerce stocks are shares of companies that sell goods and services online, leveraging digital platforms to reach customers. The companies mentioned have recently shown the largest trading volumes among ecommerce stocks.

Walmart (WMT)

Walmart Inc. operates retail, wholesale, and ecommerce businesses globally. Its operations are divided into three main segments: Walmart U.S., Walmart International, and Sam's Club. Walmart runs a variety of store formats, including supercenters, supermarkets, and warehouse clubs. Additionally, it offers online services through its various ecommerce websites and mobile apps.

Recently, Walmart's stock increased by $1.31, reaching $87.29, with a trading volume of nearly 9.8 million shares. The company boasts a market capitalization of $699.82 billion and has a P/E ratio of 36.23. With a year low of $58.56 and a high of $105.30, Walmart is a significant player in the ecommerce market.

Colgate-Palmolive (CL)

Colgate-Palmolive Company is involved in manufacturing and selling consumer products both in the U.S. and internationally. Its segments include Oral, Personal and Home Care; and Pet Nutrition, producing a variety of products such as toothpaste, hand soaps, and pet food.

On Monday, Colgate's stock rose by $0.57 to $90.87, with a trading volume of about 1.65 million shares. Colgate-Palmolive has a market cap of $73.74 billion and a P/E ratio of 25.83. The stock has experienced a 52-week range of $85.32 to $109.30, reflecting its stability in the consumer market.

W.W. Grainger (GWW)

W.W. Grainger, Inc. distributes maintenance, repair, and operating products and services, mainly in North America and other regions. The company operates through segments focused on high-touch solutions and a vast assortment of products, including safety equipment and tools.

W.W. Grainger's stock increased by $15.97, trading at $989.06 on Monday, with around 118,663 shares changing hands. The company has a market cap of $47.69 billion and a P/E ratio of 25.55, showing its solid market position. The stock has a yearly low of $874.98 and a high of $1,227.66, indicating market fluctuations.

GameStop (GME)

GameStop Corp. is a specialty retailer offering games and entertainment products via both stores and online platforms in various countries. They sell new and used games, gaming accessories, and digital content.

GameStop's stock saw an increase of $0.77, bringing it to $25.52. Its trading volume was approximately 3.6 million shares. The company has a market cap of $11.40 billion, with a high P/E ratio of 141.79, which reflects its niche market's volatility and investor interest.

BellRing Brands (BRBR)

BellRing Brands, Inc. specializes in nutrition products, primarily selling ready-to-drink protein shakes and bars under recognized brands like Premier Protein. It distributes products through various channels, including ecommerce.

On Monday, BellRing's stock rose by $2.94 to $73.59, with a trading volume of 623,626 shares. The company’s market cap stands at $9.44 billion, and the stock has a P/E ratio of 34.57. Over the past year, BellRing's stock price has fluctuated between $48.06 and $80.67.

ecommerce, stocks, investment