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Is It Too Late to Buy Shopify Stock?


Last year was a good one for (NYSE: SHOP) and, by extension, its shareholders. The stock more than doubled in value in 2023, following a turnaround effort that began in response to the previous year's sell-off.

But shares are still miles away from revisiting their 2021 peak.

Before plowing into this seemingly bullish pick, you might want to rethink it. While there's still buzz surrounding Shopify stock, questions are starting to surface about its ultimate potential.

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Source Fool.com

Shopify Inc Stock

€66.95
-0.280%
Shopify Inc shows a slight decrease today, losing -€0.190 (-0.280%) compared to yesterday.
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 12.02% for Shopify Inc compared to the current price of 66.95 €.
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