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Ignore Shopify: Here Are 2 Growth Stocks to Buy for 2024
SHOPShopify(SHOP) The Motley Fool·2023-12-30 09:42

After watching the stock more than double in 2023, it's understandable that some investors would think they've missed the boat on Shopify (SHOP -1.53%). Sure, there's a bright outlook for the software-as-a-service specialist as it benefits from lower costs and soaring sales growth. Yet, much of that enthusiasm is reflected in Shopify's elevated valuation.There are other good options for growth stock investors to consider if Shopify's big premium turns them off. Amazon (AMZN -0.94%) and Okta (OKTA -0.88%) sh ...