Better Buy: Shopify vs. Zoom Video Communications | 26.02.21 | finanzen.at

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26.02.2021 15:15:00

Better Buy: Shopify vs. Zoom Video Communications

The coronavirus pandemic caused many changes, but increases in online shopping and remote work have been two of the most prominent trends. Not surprisingly, Shopify (NYSE: SHOP) and Zoom Video Communications (NASDAQ: ZM) benefited greatly from these secular shifts and made many investors much wealthier in the process. In fact, share prices of Shopify soared 160%, and Zoom stock surged 288% over the last year.But which of these tech stocks is the better buy today? Let's dive in.Shopify's digital commerce platform supports over 1.7 million global merchants, helping them create and manage online shops across different channels. For example, merchants can sell through the web storefronts, mobile apps, social media, and marketplaces. In each case, Shopify has solutions for everything from inventory management to payment processing.Continue reading
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