In a recent publication, we highlighted the 11 Best Internet Retail Stocks to Buy According to Analysts. In this article, we will delve deeper into how Amazon.com, Inc. (NASDAQ:AMZN) compares to other top-performing internet retail stocks as recommended by industry analysts.

The retail landscape has been notably impacted by fluctuating trade policies and tariffs, which have led to significant turbulence in the stock market since early April. However, despite this volatility, CNBC reported on April 16 that retail sales experienced a remarkable increase of 1.4% in March, exceeding analysts' expectations. This upward trend in retail sales came as a surprise, as earlier reports indicated that economists and financial experts were forecasting a modest month-over-month growth of only 1.2%, as per Dow Jones.

This positive retail sales report is crucial, especially in light of the prevailing economic uncertainties. Many analysts believe that consumer spending has been driven by a 'pull-forward' effect, with shoppers eager to purchase goods before anticipated price hikes due to tariffs take effect. Notably, Jay Woods, the chief global strategist at Freedom Capital Markets, suggested that retail stocks could experience a brief resurgence if the sales numbers were in line with or better than expected. He remarked:

Some of these names have gotten way too far ahead of themselves on the downside that bounces are natural. Theyve gotten beaten down and mean reversion could lead to a nice rally over the coming days.

Similarly, Callie Cox, the chief market strategist at Ritholtz Wealth Management, echoed this optimism, indicating that a robust retail sales report could trigger a rally in consumer discretionary stocks. Consumer Discretionary stocks have been hit so hard that they may be more susceptible to a relief rally on the back of a retail sales report that doesnt show the economy is falling apart, Cox stated.

With the retail sales report surpassing expectations, these insights from analysts may soon be validated. Thus, we will now explore the list of the 11 best internet retail stocks to consider according to analyst recommendations.

Our Methodology

To compile our list, we meticulously analyzed stock screeners, financial media reports, and exchange-traded funds (ETFs), focusing on 30 internet retail stocks. From this pool, we selected the top 11 stocks that exhibit the highest analyst upside potential as of April 17, 2025. Additionally, we included the number of hedge fund holders for each stock as reported in the fourth quarter of 2024. This hedge fund sentiment data has been sourced from Insider Monkeys database. Our list is arranged in ascending order based on analyst upside potential.

But why do we prioritize stocks that hedge funds heavily invest in? The answer is straightforward: extensive research has demonstrated that mirroring the top stock selections of successful hedge funds can lead to superior market performance. Our quarterly newsletter, which identifies 14 small-cap and large-cap stocks every quarter, has generated an impressive 373.4% return since May 2014, significantly outperforming its benchmark by a staggering 218 percentage points. To gain more insights into this strategy, click here.