Fool.com contributor Parkev Tatevosian compares Amazon (AMZN -0.37%) and Shopify (SHOP -1.18%) to determine the better investment.
*Stock prices used were the afternoon prices of Aug. 14, 2024. The video was published on Aug. 16, 2024.
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Best Stocks to Buy: Amazon Stock vs. Shopify Stock
By Parkev Tatevosian, CFA
–
Aug 17, 2024 at 5:36AM
NASDAQ: AMZN
Amazon
Market Cap
$2.2T
Today's Change
(-0.37%) -$0.76
Current Price
$205.89
Price as of June 3, 2025, 3:58 p.m. ET
Shopping online is more convenient than shopping in person, and this advantage will fuel industry growth in the long term.
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
Amazon
AMZN
$205.89
(-0.37%)
$0.76
Shopify
SHOP
$105.28
(-1.18%)
$-1.26
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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