While shoppers spent a record $12.4 billion on Cyber Monday alone, the Cyber Week retail event racked up a total of $38 billion in consumer spending. Yahoo Finance Retail Reporter Brooke DiPalma details the e-commerce platforms and buy now, pay later companies — such as Amazon (AMZN) and Affirm (AFRM) — that benefitted the most this holiday shopping season as consumers navigate online scams while checking out items on their wish list. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
In this video, I will talk about PayPal (NASDAQ: PYPL) and explain the recent insider selling, the company's performance during Black Friday and Cyber Monday, and why I still believe this is the best stock to buy right now in terms of risk and reward.
These growth stocks appear undervalued today, which could lead to significant price appreciation during the next bull market.