Tuesday's IBD 50 Stocks To Watch pick is Global-e Online, which rallied Monday even as the S&P 500 and Nasdaq indexes tanked. That outperformance resulted in the stock's relative strength line hitting a three-year high and made Global-e Online one of the best stocks to buy and watch right now.
Israel-based Global-e Online offers a software platform designed to enable and accelerate global, direct-to-consumer as well as cross-border e-commerce. The platform was built for international shoppers to buy seamlessly online and for merchants to sell from, and to, anywhere in the world.
Its global partner ecosystem includes businesses like Shopify, FedEx, Salesforce and Wix.com. Also, its sphere of operations and influence also includes Magnificent Seven members Meta Platforms and Alphabet-owned Google.
Over the last eight quarters, revenue growth has ranged from 24% to 69%. The company posted $176 million in sales in the third quarter, marking a 32% year-over-year gain.
Bottom-line growth also remains strong and steady. Over the last seven quarters, Global-e generated earnings growth ranging from 26% to 51%. In the third quarter, the Shopify and Google partner generated 35% growth over the prior-year quarter, to 13 cents per share.
Analysts expect an earnings gain of 105% in the fourth quarter, leading to a 46% rise in earnings for the full year. Global-e is scheduled to report earnings on Feb. 19.
For full year 2025, Wall Street sees a 167% jump in earnings to 29 cents a share, per IBD MarketSurge.
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Stocks To Buy And Watch: Global-e Online
On Monday, Global-e stock rallied more than 2%, again breaking out past a 57.85 buy point in a flat base, per IBD MarketSurge chart analysis. Shares are in the 5% buy zone that runs up to 60.74. The stock added around 2% Tuesday morning, hitting a three-year high.
The relative strength line also hit a high Monday, indicating big stock market outperformance and confirming it as a market leader. The RS line measures a stock's price performance vs. the S&P 500.
Another positive signal is that the current base formation is an early second-stage base. Early-stage bases are more likely to net bigger gains than later-stage formations.
The IBD Stock Checkup shows that Global-e stock boasts a strong 95 out of a best-possible 99 IBD Composite Rating, another bullish attribute. That strong Composite Rating places the name among the best stocks to buy and watch in today's market.
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Other Stocks To Keep An Eye On
Three recent IBD 50 Growth Stocks To Watch picks are among the best stocks to buy and watch.
| Company | Symbol | Buy point | Type of base |
|---|---|---|---|
| HealthEquity | 88.26 | Cup base | |
| Globus Medical | 87.22 | Flat base | |
| ExlService | 47.37 | Flat base |
Source: IBD Data as of Jan. 28
Follow Scott Lehtonen on X at @IBD_SLehtonen for more on the best stocks to buy and watch and the Dow Jones Industrial Average.
