Fool.com contributor Parkev Tatevosian compares Amazon (AMZN +1.96%) and Shopify (SHOP +0.92%) to determine the better stock to buy.
*Stock prices used were the afternoon prices of June 2, 2024. The video was published on June 4, 2024.
Should You Buy Amazon Stock Instead of Shopify Stock?
By Parkev Tatevosian, CFA – Jun 5, 2024 at 8:00AM EST
NASDAQ: SHOP
Shopify
Market Cap
$217B
Today's Change
(0.92%) $1.54
Current Price
$168.28
Price as of January 8, 2026 at 4:00 PM ET
Amazon and Shopify will benefit as consumers spend more money online.
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About the Author
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.
Stocks Mentioned
Shopify
NASDAQ: SHOP
$168.28 (+0.01%) $+1.54
Amazon
NASDAQ: AMZN
$246.29 (+0.02%) $+4.73
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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