1 Growth Stock Down 63% to Buy Right Now
Given the stock's massive meltdown during the first half of 2022, it would be easy to conclude (NYSE: SHOP) is just another tech stock bust. Investors were stoked by the premise in the midst of the coronavirus pandemic. With the major lockdowns over and businesses returning to normal, however, the luster of its online store-building schtick seems to be fading.
Take a closer look though. While the COVID-19 pandemic may have put a spotlight on the company, Shopify was growing with or without the pandemic-prompted boost. That's not changed in the meantime. The only thing that's changed is the stock's price -- shares are much cheaper now than they were a year and a half ago.
And that's your opportunity to jump in -- before the market corrects its mistake.
Source Fool.com
Shopify Inc Aktie
Bei der Aktie stehen derzeit 5 Buy-Einschätzungen 1 Sell-Einschätzungen gegenüber. Das Sentiment ist also durchaus positiv.
Ein Kursziel von 75 € für Shopify Inc signalisiert ein leicht positives Potenzial gegenüber dem aktuellen Kurs von 67.3 €.
