In the nearly seven years since Shopify (NYSE: SHOP) went public, it has revolutionized the way business does e-commerce. The path hasn't been as smooth for Shopify or its investors, who in 2021 alone saw their stock lose 17% of its value from its highs (though shares were still up 22% for the year). For as little as $29 a month, an entrepreneur working out of their basement can be on equal footing with global brands thanks to Shopify's suite of products. Read More...
Investors have different needs, goals, preferences, and risk tolerances, making a one-size-fits-all investment strategy impossible. Both companies are riding tailwinds that will drive strong financial results, and, potentially, market-beating performances. If you happen to have $5,000 handy that you aren’t saving for a rainy day, investing in either of these companies would be a great move for the long-term.