Better Buy: Shopify vs. Facebook
In spite of extreme uncertainty brought on by COVID-19 and a less-than-optimistic outlook, both Shopify (NYSE: SHOP) and Facebook (NASDAQ: FB) shareholders have had an exceptionally good year. As of this writing, the two stocks are up 155% and 27%, respectively, so far in 2020, compared to a 5% gain for the S&P 500.
Over the long term, I think both of these technologists will continue their market-beating ways. Though both companies approach it from different angles, they are benefiting from higher digital engagement and a massive small business migration to the internet.
I think one is a more timely buy right now -- although I expect both stocks to do well in the next decade.
Source Fool.com
