Better Buy: Shopify vs. Square
The growth of the e-commerce sector is providing a nice environment in which exciting new players can thrive, and Shopify (NYSE: SHOP) has not disappointed its shareholders. Last year alone, Shopify's stock grew by a whopping 187%, easily outpacing the S&P 500's 29% return during the year.
Elsewhere, Square (NYSE: SQ) is profiting from another fast-growing segment of the economy, namely the market for digital payments. However, Square hasn't performed nearly as well as Shopify lately. Last year, Square's shares were up by a meager 11.5%.
Looking forward, though, both of these growth stocks have tremendous opportunities ahead of them, and both could reward investors by way of market-beating returns for many years to come. But which one is the better buy today?
Source Fool.com
