Shopify (NYSE: SHOP) stock gained 37% in 2024, according to data provided by S&P Global Market Intelligence. The market is getting more excited about the e-commerce platform as it continues to report robust growth and improving profitability while the e-commerce market grows,

Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 6.41% of Shopify Inc (SHOP)’s shares, while financial institutions hold 65.46%.

Adobe (NASDAQ: ADBE) and Shopify (NYSE: SHOP) are both excellent businesses, but only one is a better buy for long-term investors. *Stock prices used were the afternoon prices of Jan. 11, 2025. The video was published on Jan.