Better Buy: Shopify vs. Zendesk
Helping connect customers to companies is everything for Shopify (NYSE: SHOP) and Zendesk (NYSE: ZEN), even if we're talking about two entirely different cloud-based models. Shopify runs a fast-growing e-commerce platform that recently topped seven figures in the number of active merchants relying on its system to sell online. Zendesk offers online customer support and a growing number of customer-facing services to its more than 150,000 paid accounts.
Long-term investors have made out nicely with both investments despite recent setbacks. Zendesk shares have more than tripled since the start of 2017, even though the stock has shed nearly a third of its value since peaking last summer. Shopify has fared even better: It's actually a 10-bagger from the same 2017 starting line. The stock has also surrendered more than a quarter of its value since hitting all-time highs last month. Shopify and Zendesk are winners, but let's see which stock is the better buy from here.
Zendesk helpdesk. Image source: Zendesk.
Source Fool.com
