Better Buy: Airbnb vs. Shopify
The uncertainty created by the pandemic equally impacted Airbnb (NASDAQ: ABNB) and Shopify (NYSE: SHOP), despite both companies confronting different challenges. A reopened economy has improved conditions for both, and so far this year, Shopify is up 47% compared to Airbnb's 40% gain.
The two companies are positioned to be growth stocks to own for the long term. Airbnb is expanding the concept of what home and room rentals mean for the hospitality industry and Shopify is providing the tools entrepreneurs can use to establish and grow their business. So, even though both businesses will help investors build substantial diversified portfolios over the years to come, these two Motley Fool contributors believe there is one that could actually be the better buy.
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Source Fool.com
