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Could Shopify Be a Millionaire-Maker Stock?

TheMotleyFool

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Could Shopify Be a Millionaire-Maker Stock?

Shopify's (NYSE: SHOP) shareholders are a happy bunch. Those who were lucky enough to invest $57,000 in the stock anytime between mid-December 2015 and early March 2016 would be sitting on a cool million today. But if you missed it the first time, could this e-commerce platform be a millionaire-maker stock again?

First, let's agree on a definition. Fellow Fool Brian Stoffel wrote about Shopify last year and suggested that a millionaire-maker would be a stock that could return 10-fold its initial investment over a 20-year time horizon. Since 10-baggers are a rare breed, let's use that as the target.