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Will Cyber Monday Help Online Retailers?

The National Retail Federation expects about 61 million consumers will shop from work this holiday season and Cyber Monday marks the beginning. Many online retailers hope to see big jumps in orders beginning today.

Check out Overstock.com, bluenile.com, BradsDeals.com, RedEnvelope.com and Restaurant.com for online deals and coupons.

Investors will find Overstock.com (OSTK) and RedEnvelope (REDE) on the price downside and Blue Nile (NILE) could be making a top.

For more information about Internet retailers see a list of nine Internet Retailing Stocks. These stocks are volatile so the long-term investor should use caution with them.

Posted November 27, 2006.



 

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