E-commerce stocks continue to outpace the market in 2009
As reported by InternetRetailer.com, e-commerce stocks outpaced the market yet again. The Internet Retailer Online Retail Index was up 9.5% last week vs. 3.1% for the S&P 500. For the year the index is up a whopping 22%.
The best-performing stocks last week were American Greetings, Drugstore.com, Blue Nile, Bidz.com, and 1-800-Flowers.com, all with growth between 17 and 25%.
For those who are curious, the 25 companies in the Internet Retailer Online Retail Index are:
1-800-Flowers.com Inc., Akamai Technologies, Amazon.com Inc., American Greetings Corp., Art Technology Group Inc., Bidz.com Inc., Blue Nile Inc., CyberSource Corp., DemandTec Inc., Digital River Inc., Drugstore.com Inc., eBay Inc., GSI Commerce Inc., Keynote Systems Inc., LivePerson Inc., Netflix Inc., NutriSystem Inc., Omniture Inc., Overstock.com Inc., PetMed Express Inc., RealNetworks Inc., Shutterfly Inc., Systemax Inc., United Online Inc. (owner of FTD.com) and VistaPrint Ltd.
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