12 Best E-Commerce Stocks to Buy According to Analysts

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10. Qurate Retail, Inc. (NASDAQ:QRTEA)

Analyst Upside: 41.60%

Number of Hedge Fund Holders: 17

Qurate Retail, Inc. (NASDAQ:QRTEA) engages in video and online commerce industries and operates through three segments: QxH, QVC International, and CBI. The QxH segment sells a range of consumer products in the US through the Internet and televised shopping programs, while the QVC International segment does the same in international markets. The CBI segment manages a range of apparel and home brands in the US.

Fiscal Q3 2024 was a challenging quarter for Qurate Retail, Inc. (NASDAQ:QRTEA), primarily due to the macroeconomic climate and events such as political conventions and the Olympics affecting consumer behavior and programming viewership. However, the company managed to hold its consolidated gross margin flat due to reduced operating expenses and disciplined cost management.

It is also nearing the end of its multi-year Project Athens initiative, which focuses on margin and free cash flow. Qurate Retail, Inc. (NASDAQ:QRTEA) is now transitioning to the next stage of its strategic growth initiatives and is enhancing its capabilities to reach aggregated audiences on streaming and social platforms.

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