2 Stocks That Could Be Worth More Than Shopify by 2030

Background

Shopify (NYSE:SHOP) has been a pandemic darling, soaring over 2,000% since March 2020. However, some analysts believe that Shopify's growth may be slowing down. The company faces increasing competition from Amazon (NASDAQ:AMZN) and other e-commerce giants. Additionally, Shopify's stock is trading at a high valuation, making it vulnerable to a correction.

Two Stocks to Consider

For investors looking for growth in the e-commerce space, there are two stocks that could be worth considering: * **Sea Limited (NYSE:SE)**: Sea Limited is a Singapore-based company that operates e-commerce, gaming, and digital financial services businesses. The company's e-commerce platform, Shopee, is the largest in Southeast Asia. Sea Limited also has a strong gaming business, with popular titles such as Free Fire and Call of Duty: Mobile. * **MercadoLibre (NASDAQ:MELI)**: MercadoLibre is the largest e-commerce company in Latin America. The company offers a wide range of products, including electronics, clothing, and home goods. MercadoLibre also has a strong digital payments business, with its own payment platform, Mercado Pago.

Why These Stocks Could Outperform Shopify

Growth Potential: Sea Limited and MercadoLibre are both operating in high-growth markets. Southeast Asia and Latin America are two of the fastest-growing e-commerce regions in the world. This gives Sea Limited and MercadoLibre significant growth potential.
Diversification: Sea Limited and MercadoLibre are both diversified businesses. They offer a range of products and services, which reduces their risk profile. Shopify, on the other hand, is heavily dependent on its e-commerce platform.
Valuation: Sea Limited and MercadoLibre are both trading at a lower valuation than Shopify. This makes them more attractive to value investors.

Of course, there are no guarantees in investing. However, Sea Limited and MercadoLibre are two stocks that could be worth considering for investors looking for growth in the e-commerce space.

Conclusion

Shopify has been a great investment over the past few years. However, the company's growth may be slowing down. For investors looking for growth in the e-commerce space, Sea Limited and MercadoLibre are two stocks that could be worth considering.