12 Best E-Commerce Stocks to Buy According to Analysts

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6. Solo Brands, Inc. (NYSE:DTC)

Analyst Upside: 104.08%

Number of Hedge Fund Holders: 8

Solo Brands, Inc. (NYSE:DTC) sells online outdoor products such as Solo Stove firepits, accessories, stoves, portable kayaks, paddle boards, and more. Its portfolio of brands develops and markets products directly to customers, primarily through e-commerce channels.

Despite continued challenging macroeconomic conditions, the company delivered total revenues of $94.1 million in fiscal Q3 2024, with its overall fiscal Q3 2024 results aligned with its expectations.

Solo Brands, Inc. (NYSE:DTC) is also seeing continued momentum from its retail partners. The company is taking steps to address factors affecting its direct-to-consumer channel, and analysts are bullish on Solo Brands, Inc. (NYSE:DTC) due to its potential. It has a new leadership team in place and is supported by strong brands and healthy gross margins. The company is also rolling out new and innovative products to increase its relevance and popularity, including its partnership with the NFL to introduce Solo Stove and Chubbies NFL-branded products.

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