1 Growth Stock Down 53% to Buy Right Now
(NYSE: SHOP) stock rarely goes on sale. Since the company went public in 2015, shares have nearly always traded above 15 times sales. At their peak, Shopify shares were priced at an astounding 60 times sales.
After a sharp correction, however, Shopify stock now trades at its cheapest valuation in years. Shares are already on the rebound but remain 53% below their previous highs.
If you want to buy a terrific growth stock at a sizable discount, keep reading.
Source Fool.com
Shopify Inc Stock
€69.18
3.130%
Our community is currently high on Shopify Inc with 4 Buy predictions and 0 Sell predictions.
With a target price of 75 € there is a slightly positive potential of 8.41% for Shopify Inc compared to the current price of 69.18 €.
