Growing Top-Line One Merchant At A Time: Shopify - Initiating With A Buy
Shopify's stock is up 67% on the six-months chart, mainly driven by a sticky merchant ecosystem, in my opinion, making it a buy for mid-to-long-term investors. Despite high competition, Shopify's market share is rising, with a 32% e-commerce market share in the US, and strong holiday season consumer spending expected to boost Q4 performance. Valuation metrics show high investor confidence, with rising price targets and EPS growth, though high multiples indicate a higher risk profile.
Shopify (SHOP) Laps the Stock Market: Here's Why
Shopify (SHOP) reachead $108.95 at the closing of the latest trading day, reflecting a +1.76% change compared to its last close.
Investing in These 2 Top Growth Stocks Would Be a Brilliant Move
Growth stocks are back in style these days. Several well-known ones are crushing the market while riding the wave of the artificial intelligence revolution (AI).
3 Reasons Growth Investors Will Love Shopify (SHOP)
Shopify (SHOP) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Is Shopify (SHOP) a Buy as Wall Street Analysts Look Optimistic?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Could Shopify Be Your Ticket to Becoming a Millionaire by 2035?
Shopify (SHOP 3.06%) has become the go-to e-commerce solution for millions of merchants globally. That gives it tremendous power in the industry and also means it's going to benefit from growing e-commerce trends.
Earnings Growth & Price Strength Make Shopify (SHOP) a Stock to Watch
The Zacks Focus List offers investors a way to easily find top-rated stocks and build a winning investment portfolio. Here's why you should take advantage.
Take the Zacks Approach to Beat the Markets: Shopify, Enerflex, The Greenbrier in Focus
Last week, our time-tested methodologies served investors well in navigating the market. Check out some of our achievements from the past three months.
Could Buying Shopify Stock Today Set You Up for Life?
There are good stocks, and then there are great stocks. Good stocks can perform well for at least a while.
Can Shopify Deliver 2x To 3x Returns Over The Next Few Years?
Shopify stock has more than doubled from its 52-week low in August, and the stock price has multiplied by over 40x since its IPO in May 2015. We explore the prospects for solid share price returns from here, given its growing total addressable market, attractive market share gains and strengthening product innovation cycle. Shopify shares sustain a “buy” rating.
1 Growth Stock Down 35% to Buy Right Now
Shopify (SHOP -0.59%) stock has likely impressed its shareholders with a nearly 60% gain over the last year. Such gains might even make investors forget that its current price is still 35% below the stock's peak in November 2021.
Why Is Shopify (SHOP) Up 2% Since Last Earnings Report?
Shopify (SHOP) reported earnings 30 days ago. What's next for the stock?
