Investors may want to consider alternatives like Shopify and SoFi over Amazon

From Nasdaq: 2025-04-05 10:00:00

Amazon (NASDAQ: AMZN) has seen massive growth of over 250,000% since its 1997 IPO, but its highest growth days may be behind it. Investors seeking growth may want to look at alternatives like Shopify (NASDAQ: SHOP), which enables companies to operate outside Amazon’s ecosystem and meet consumer demands for authenticity and storytelling.

SoFi Technologies (NASDAQ: SOFI) is disrupting the banking industry with its online-only model, attracting over 10.1 million customers since 2020. The global online banking market is projected to grow by 14% annually until 2030, with North America leading the charge. Uber Technologies (NYSE: UBER) is another stock to consider, as it benefits from the shift away from car ownership towards ride-hailing services like Uber.

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