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However, the gradual uplifting of social distancing measures and solid vaccination drive has allowed brick-and-mortar stores to witness high foot traffic and sales this holiday season. Moreover, inflationary pressures and growing supply chain bottlenecks could make many e-commerce companies lose momentum in the near term.
Given this backdrop, overvalued e-commerce stocks Shopify Inc . (SHOP), Sea Limited (SE), Coupang, Inc. (CPNG), and Etsy, Inc. (ETSY), are best avoided now.
