E-commerce stocks have roared higher off the March lows.
Wayfair, Stitch Fix, Etsy and Chewy have rallied triple digits since the market trough four months ago. Overstock, the biggest mover, has skyrocketed 2,058% since its own bottom. These stocks have been hot commodities as the stay-at-home trade benefited from pandemic-related lockdowns and quarantines.
Danielle Shay, director of options at Simpler Trading, said Overstock and its high-flying e-commerce peers have more upside.
