12 Best E-Commerce Stocks to Buy According to Analysts

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9. D Market Elektronik Hizmetler ve Ticaret AS (NASDAQ:HEPS)

Analyst Upside: 45.90%

Number of Hedge Fund Holders: 7

Based in Turkey, D Market Elektronik Hizmetler ve Ticaret AS (NASDAQ:HEPS) provides online retail and e-commerce services. Its platform has an elaborate consumer goods collection spanning over 50 million product types in around 40 categories. Its products include apparel, electronics, white goods, accessories, stationery products, home textiles, and others.

Analysts are bullish on the stock due to its continued popularity in Turkey, primarily due to its range of affordability, speed of delivery, and market reputation. Enrollment in the company’s Hepsiburada Premium program corroborates this, as it reached approximately 3.7 million members by the end of November.

D Market Elektronik Hizmetler ve Ticaret AS (NASDAQ:HEPS) also grew its active customers by 233,000 to 12.3 million in fiscal Q3 2024. Its growing range of lending solutions and comprehensive affordability suite give it a competitive advantage in the Turkish e-commerce sector. The company ranks ninth on our list.

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