Why Shopify (SHOP) is a Top Stock for the Long-Term
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Focus List.
SHOP Trades 15% Below 52-Week High: Buy the Shares on Pullback?
Shopify benefits from a booming merchant base, an expanding partner base and a strong solutions portfolio despite a stretched valuation.
4 Reasons to Buy Shopify Stock Like There's No Tomorrow
Are you looking for a new growth stock? Put Shopify (SHOP 5.00%) on your watchlist if not in your portfolio.
Investors Heavily Search Shopify Inc. (SHOP): Here is What You Need to Know
Recently, Zacks.com users have been paying close attention to Shopify (SHOP). This makes it worthwhile to examine what the stock has in store.
Shopify Won't Remain Cheap For Too Long
Shopify's revenue growth remains robust, with Q4 FY24 revenue up 31% YoY, driven by strong GMV growth and merchant acquisition across enterprise, offline, and international markets. Despite recent stock price volatility and macroeconomic uncertainties, Shopify's long-term growth story is intact, with management optimistic about expanding its market share with targeted product innovation. In the meantime, operating leverage is improving, with operating income up 60% YoY and free cash flow margins at 22%, surpassing the Rule of 50.
Shopify: Prime Candidate To Join The $500 Billion Club One Day
Shopify shares are down 21% from February highs, far more than the market. Shopify's growth is predicated on an accelerating flywheel of ecommerce penetration, market share gains, merchant growth, product expansion and adoption, all while maintaining high margins and driving operational leverage. Macro uncertainties like tariffs and inflation could present attractive opportunities to join Shopify's journey to a $500 billion valuation, which I expect in less than a decade.
Shopify: The Price Of Perfection
Growth stocks are supposed to see growth rates decelerate over time - but is Shopify excluded from that rule? The company saw growth accelerate in the latest quarter, and management continues to guide for sustained growth ahead. The company is profitable on a GAAP basis with a net cash balance sheet.
Shopify (SHOP) Rises As Market Takes a Dip: Key Facts
The latest trading day saw Shopify (SHOP) settling at $101.85, representing a +0.31% change from its previous close.
Why is Shopify moving its listing from NYSE to NASDAQ important for investors?
Shopify Inc. has rallied to surpass the $100 mark again this week on the back of its plans to move its listing from the New York Stock Exchange to NASDAQ. While the announcement itself is not meaningful for the company's operations per se, investors are still reading it as a positive for several reasons.
Shopify stock price giant megaphone points to a strong surge
The Shopify stock price rose on Wednesday after the Canadian company filed to change its US listing from the New York Stock Exchange (NYSE) to the Nasdaq. It moved back above $100 even though the listing change will not have an impact on its business.
Shopify shares rise as company moves US listing to Nasdaq
Shopify Inc (TSX:SH., NYSE:SHOP) shares surged on the news the commerce technology company is transferring its US stock listing to the Nasdaq Global Select Market from the New York Stock Exchange (NYSE).
Shopify Stock Gains On Listing Move To Nasdaq From NYSE
Shopify stock gained on after the e-commerce software maker said it will shift its listing to the Nasdaq from the New York Stock Exchange. The post Shopify Stock Gains On Listing Move To Nasdaq From NYSE appeared first on Investor's Business Daily.
