Why APP Could Outperform Shopify Stock

The corporate logo of e-commerce company Shopify hangs at the building that contains the offices of Shopify Commerce Germany GmbH on in Berlin, Germany. (Photo by Sean Gallup/Getty Images)Getty ImagesShopify (NASDAQ: SHOP) has long been a market favorite in the e-commerce space, but investors looking for growth at a reasonable price may want to consider its lesser-known peer, AppLovin (NASDAQ: APP). While both companies operate in the broader software ecosystem, their market dynamics and valuations tell dif ...