Shopify Stock: Bull vs. Bear
As the market hits fresh all-time highs, primarily due to the outsized gains of the "Magnificent Seven" stocks, investors might want to turn their attention to less-prominent businesses that are still performing well.
For example, (NYSE: SHOP), the popular e-commerce platform, is skyrocketing. Its shares have soared 146% since the start of 2023 (as of Feb. 7). In the wake of a rough 2022, investors appear to be in love with growth tech stocks again.
But if you're thinking about adding Shopify to your portfolio now in hopes of riding its momentum to strong returns, you should first weigh both the bull and bear arguments for the company.
Source Fool.com
Shopify Inc Stock
€54.77
0.130%
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 positive potential of 36.94% for Shopify Inc compared to the current price of 54.77 €.
