Aug. 22 at 4:38 PM
$AMZN vs.
$SHOP — Which e-commerce titan is the better buy now?
Amazon boasts a solid Q2 with net sales up 13% to
$167.7B and operating income surging 31% YoY. AWS remains a profit powerhouse, while its ad business outpaces forecasts, growing 23% YoY. Meanwhile, Shopify's revenue jumped 31% to
$2.68B, driven by international growth and a booming B2B segment. But with a P/E ratio exceeding 83.64x, SHOP's valuation demands flawless execution, while Amazon's P/E ratio of 30.61x appears reasonable.
Discover which stock holds the edge for long-term gains 👉 https://www.zacks.com/stock/news/2741752/amzn-vs-shop-which-e-commerce-stock-has-better-upside-potential?cid=sm-stocktwits-2-2741752-body-9139&ADID=SYND_STOCKTWITS_TWEET_2_2741752_BODY_9139