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E-commerce boomed in the earlier stages of the pandemic.
Shopify (SHOP -1.57%) and Mercadolibre (MELI 1.01%) are fast-growing e-commerce stocks. This video will consider which growth stock is the better buy.
*Stock prices used were the afternoon prices of Jan. 11, 2023. The video was published on Jan. 13, 2023.
Parkev Tatevosian, CFA has positions in MercadoLibre and Shopify. The Motley Fool has positions in and recommends MercadoLibre and Shopify. The Motley Fool recommends the following options: long January 2023 $1,140 calls on Shopify and short January 2023 $1,160 calls on Shopify. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Stocks Mentioned
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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