Better Buy: Etsy vs. Shopify
Etsy (NASDAQ: ETSY) and Shopify (NYSE: SHOP) stock have withstood the COVID-19 pandemic better than the broader market. Etsy's stock has risen about 5% since the beginning of the year as of this writing, while Shopify's stock has dipped 2%. The S&P 500 as a whole has plunged nearly 20%.
Etsy and Shopify have both survived the sell-off because their e-commerce businesses are insulated from the pandemic's impact on brick-and-mortar stores. Etsy is an online marketplace for artisans, and Shopify brings businesses online with its e-commerce tools. Let's see which resilient stock will fare better in this wobbly market.
Image source: Getty Images.
Source Fool.com


