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home / news releases / SHOP - 1 E-Commerce Stock to Buy and 1 to Sell After Q2 2020 Earnings


SHOP - 1 E-Commerce Stock to Buy and 1 to Sell After Q2 2020 Earnings

E-commerce has been cemented as a necessity by the pandemic this year. As a result, many stocks in this realm have been off to the races. Even Amazon (NASDAQ: AMZN) and its 10-figure valuation has been a huge winner with shares up over 60% year to date as of this writing.  

But not all digital commerce stocks are sure-fire buys. Investors should tread lightly with software developer and online store manager BigCommerce (NASDAQ: BIGC) after its first report as a publicly-traded company. Online pet retailer Chewy (NYSE: CHWY), on the other hand, looks like a relative value.

Image source: Getty Images.

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Stock Information

Company Name: Shopify Inc. Class A Subordinate
Stock Symbol: SHOP
Market: NYSE
Website: shopify.com

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