Better Buy: Amazon vs. Shopify
Amazon (NASDAQ: AMZN) and Shopify (NYSE: SHOP) play different roles in e-commerce. Amazon has become the world's single largest e-tailer, while Shopify has built its business by enabling smaller players to sell their wares online -- more than 1.7 million of them at last count. And although both of these growth tech companies will probably produce sizeable stock gains for years to come, one offers greater potential for higher returns.
Amazon is an e-commerce pioneer, and more than 25 years after its founding, it continues to produce double-digit percentage revenue growth annually. It's steadily expanding the scope of its offerings, too, with its move into the pharmacy segment serving as the latest example. Also, with its acquisition of Whole Foods and the more recent development of its Amazon-branded brick-and-mortar stores, it has a significant real-world retail presence.
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Source Fool.com
