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Better Buy: Shopify Stock vs. MercadoLibre Stock

E-commerce boomed in the earlier stages of the pandemic.

By Parkev Tatevosian, CFA – Jan 14, 2023 at 8:19AM EST

Shopify (SHOP 1.42%) and Mercadolibre (MELI 1.08%) 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.

Read Next

About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

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

Shopify Stock Quote
Shopify
NASDAQ: SHOP
$111.00
(-1.23%)-$1.38
MercadoLibre Stock Quote
MercadoLibre
NASDAQ: MELI
$1,773.81
(-1.08%)-$19.40

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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