10 Reasons To Buy Shopify Inc. And Never Sell

I'll be the first to admit that Shopify (NYSE: SHOP) isn't a cheap stock. It has shot up over 260% since February of last year, and now trades for a nosebleed 17 times sales. At this point I would caution strongly against "backing up the truck."And yet, in its short time as a public company, Shopify has become one of my larger holdings, constituting 3% of my portfolio.

Topics:  shopify nyse   shop    february   fools   images   i   shopify   sell   
BING NEWS:
  • Goldman upgrades Shopify to Buy as marketing investment about to pay off
    Shopify’s (NYSE:SHOP) investment in marketing is about to pay off and drive revenue growth tailwinds in 2025, Goldman Sachs says, adding that the 23% YTD decline in shares presents an attractive entry ...
    05/22/2024 - 1:45 am | View Link
  • Why Is Shopify Stock Trading Higher On Wednesday?
    Shopify Inc (NYSE:SHOP) shares are trading higher after Goldman Sachs analyst Gabriela Borges upgraded the stock from Neutral to Buy and raised its price target from $67 to $74. Borges noted that ...
    05/22/2024 - 12:53 am | View Link
  • Auriga helps 5B to modernise its network
    B is one of the largest ATM networks in Central America and will modernise the network’s fleet of over 2,500 ATMs ...
    05/21/2024 - 11:37 pm | View Link
  • Shopify’s Strategic Investments Poised for Future Growth: A Buy Rating Analysis
    In a report released today, Gabriela Borges from Goldman Sachs upgraded Shopify (SHOP – Research Report) to a Hold, with a price target ...
    05/21/2024 - 7:25 pm | View Link
  • Comeback Alert: Shopify's Rally Is About to Begin
    It’s been a tough couple of weeks for investors of Shopify Inc. (NYSE: SHOP). Indeed, while the broader market has been setting record highs since the final weeks of last year, shares of the ...
    05/21/2024 - 2:40 am | View Link
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