Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Can Shopify Keep Growing?

TheMotleyFool

0 0

Most investors know the feeling of regretting a seemingly logical decision. You buy shares of a company in the dip, sell it after doubling your original investment, and leave thinking there's no logical explanation for the stock price doubling again. You lock your gain and wait for the stock price to follow your expectations and fall. But it doesn't. You watch the stock price to continue its ascent, leaving your 100% gain in the dust.

One stock that followed such a storyline is Shopify (NYSE: SHOP). Some, rightfully so, call it the Amazon (NASDAQ: AMZN) of small businesses. Others, with some logical arguments, call it a scam.

Image Source: Getty Images

Source Fool.com

Like: 0

SHOP

Share