Post-Earnings, This E-Commerce Stock Is a Screaming Buy

·4 min read
Post-Earnings, This E-Commerce Stock Is a Screaming Buy

CarParts.com (NASDAQ: PRTS) surged in the early stages of the crisis as sales from the small-cap stock formerly known as U.S. Auto Parts ramped up, riding tailwinds in both e-commerce and auto parts. The analyst consensus for 2021 revenue growth is just 11%, for example, following 58% top-line growth last year. CarParts.com blew past analyst estimates in its first-quarter earnings report, reporting revenue growth of 65% to $144.8 million compared to expectations of $117.5 million.

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