Better Buy: Amazon vs. Shopify Stock
Amazon (NASDAQ: AMZN) and Shopify (NYSE: SHOP) are leading players in the online-retail industry, and both companies have also seen substantial share price declines across 2022's turbulent trading. Which of these e-commerce stocks is the better buy at today's prices? Read on to see why two Motley Fool contributors disagree on which company you should put your money behind.
Parkev Tatevosian: Amazon has expanded from a tiny online book retailer to the everything store it is today. The company has made this leap with its focus on the customer experience. With every step in its progress, Amazon has worked to improve the customer value proposition.
This wasn't an easy task. It required years of experience and billions of dollars of investments in warehouses, logistics, web servers, and more. The effectiveness of those capital investments has helped Amazon grow from $107 billion in sales in 2015 to $470 billion in 2021.
Source Fool.com