Could Shopify Be in the "Magnificent Seven" of E-Commerce Stocks?
(NYSE: SHOP) stock has had an unusually good year, more than doubling since the start of 2023. That rally trounced the 55% spike in the tech-heavy Nasdaq Composite index and even beat e-commerce giants Amazon and eBay .
There are good reasons for Shopify's outperformance, even though its sales footprint is tiny compared with many of its peers. The digital selling infrastructure specialist has room to boost its market share over the next decade, for example. And it can easily improve its earnings power at the same time. Let's look at why Shopify might just be among the best e-commerce stocks that an investor can buy right now.
Source Fool.com
Shopify Inc Aktie
54,74 €
-0,05 %
Die Shopify Inc Aktie steht recht gut da: Mehr Buy- als Sell-Einschätzungen in der Community.
Für Shopify Inc sieht die Community ein Kursziel von 75 €, was eine erhebliche Steigerung um über 20% gegenüber dem aktuellen Kurs von 54.74 € bedeutet.
