Fool.com contributor Parkev Tatevosian compares Amazon (AMZN -0.23%) and Shopify (SHOP 1.90%) 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.
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Should You Buy Amazon Stock Instead of Shopify Stock?
By Parkev Tatevosian, CFA
–
Jun 5, 2024 at 8:00AM
NASDAQ: SHOP
Shopify
Market Cap
$149B
Today's Change
(1.90%) $2.14
Current Price
$114.81
Price as of July 2, 2025, 3:58 p.m. ET
Amazon and Shopify will benefit as consumers spend more money online.
John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon and 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 his link, 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
SHOP
$114.81
(1.90%)
$2.14
Amazon
AMZN
$219.94
(-0.23%)
$0.52
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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