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Better Buy: Shopify vs. Wayfair


Shopify (NYSE: SHOP) and Wayfair (NYSE: W) are both high-growth e-commerce companies that have flourished in recent years.

Shopify provides merchants with e-commerce tools for maintaining websites, processing payments, running marketing campaigns, and more. Wayfair sells furniture and home goods online through its eponymous platform, as well as its Joss & Main, AllModern, Birch Lane, and Perigold marketplaces.

Shopify went public at $17 per share in May 2015, and the stock now trades at nearly $1,000. Wayfair went public at $29 per share in Aug. 2014, and its stock now trades above $250.

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Source Fool.com

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