Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Better Buy: Shopify vs. Adobe

TheMotleyFool

0 0

Tech companies Shopify (NYSE: SHOP) and Adobe (NASDAQ: ADBE) have managed to withstand the stock sell-off sparked by the COVID-19 pandemic better than most. Since the equity markets peaked on Feb. 19, the S&P 500 is down 14% as of market close April 28, while Adobe is down 12% and Shopify is up 17.5%.

In fact, Adobe and Shopify are two stocks that have crushed market returns over the years. Since Shopify stock went public on May 21, 2015, it has returned a monstrous 2,340%. Adobe also easily outperformed the broader markets since May 2015, with returns of 323%.