Better E-Commerce Stock: Shopify vs. Alibaba
The stocks of Shopify (NYSE: SHOP) and Alibaba (NYSE: BABA) both lost more than 50% of their value over the past 12 months. Investors dumped both e-commerce darlings amid concerns about their decelerating growth, and the broader sell-off in higher-growth tech stocks exacerbated the pain.
Should investors consider buying either beaten-down stock right now? Let's review their business models, challenges, and valuations to decide.
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Source Fool.com
