Better Buy: Shopify vs. Amazon
No one needs to be told that the future of retail is online. It seems as if every few months, an iconic mall chain is buckling, and consumers generally prefer the convenience, selection -- and, just as importantly, the pricing advantages -- that are available for a streamlined internet-fueled platform over an old-school bricks-and-mortar outpost.
Amazon.com (NASDAQ: AMZN) is the top dog in this booming universe, and rightfully so, with more than $250 billion in revenue over the past year. Shopify (NYSE: SHOP) isn't a household name to most consumers, but its seamless platform is arming more than 800,000 merchants with the ability to be a click away from any potential customer with an online connection. Both stocks have generated life-altering wealth for their investors in recent years, but let's see which of the two investments will deliver the stronger shot at capital appreciating in the near future.
Image source: Amazon.
Source Fool.com
