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Shopping Surges Online: What's Hot, What Flopped?

Investor's Business Daily Video
Updated

Americans are buying online and gizmos that will get them online. Web sales are heating up for the holidays, while IBD Leaderboard stock Amazon.com stands in prime position to benefit from the trend. Wal-Mart Stores and Target reported a surge in online activity over the Thanksgiving holiday period, with Star Wars toys, Apple iPads, 4K TVs, drones and video game bundles hot: the Microsoft Xbox One, Sony PS4 and Nintendo Wii U. Adobe Systems tallies that the Thanksgiving through Cyber Monday period drove over $11 billion in U.S. online sales, up 17% from a year ago. But brick-and-mortar retailers took in about 10% less than a year ago over Thanksgiving, Black Friday and the weekend, according to ShopperTrak. Amazon stock gained more than 2% Tuesday, after it said some of its top sellers were its devices - the Fire TV stick, Fire tablets and Amazon Echo smart speaker that can take online orders for Amazon.com.