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Mike Loewengart [00:00:00]
Well I think e-commerce is really a question for the entire retail space at this point. And when we think about the results out there we thought we saw at Walmart yesterday that certainly bucked the trend of the broader retail numbers that had been observed in recent months. And when you hit when you think about Walmart's numbers, they're impressive but it's worth digging a little deeper. The increase in revenue really came from rising prices. So we need to ask ourselves how sustainable is that? And not just for Walmart but for the broader retail sector at large. So talking about e-commerce in particular Walmart certainly benefited from the investments they've made. And we've looked at other key names in the space as well to see how they've done.

Jacob Sonenshine [00:00:52]
What other key names too? Just curious.

Mike Loewengart [00:00:56]
Well we saw Amazon being Walmart beat. We are in the days ahead. We going to see results from Dillard's, Macy's, T.J. Maxx, Nordstrom, J.C. Penney, all smaller names at this point but key names that are worth paying attention to when we assess the overall health of the sector and the U.S. consumers as well.

At this point, it isn't just Amazon.com Inc.  (AMZN - Get Report) running the e-commerce show in the U.S. 

Although Amazon is still dominant in the category, tons of department stores and retail brands have digital platforms. Players like Etsy Inc (ETSY - Get Report) and Ebay Inc (EBAY - Get Report) are strong, and Walmart Inc. (WMT - Get Report) is seeing its e-commerce business explode. 

Walmart's e-commerce sales grew 43% year-over-year in its last quarter, blowing analyst expectations out of the water. So, how can investors get exposure to this space?

Related. Walmart Stock Closes at Highest Level Since Mid-November After Earnings Beat

"E-commerce is really a question for the entire retail space at this point," Mike Loewengart, vice president of investment strategy at E*Trade said. "When we think about the results that we saw out of Walmart, that certainly bucked the trend of the broader retail numbers."

He added that Walmart's e-commerce growth is consistent with the rest of the business.

According to Loewengart, here are "key names that are worth paying attention to" in e-commerce: