A Bull Market Could Be Here: 3 Reasons to Buy Shopify Stock
With the Nasdaq Composite index up 36% in 2023 (as of Nov. 28), bullish sentiment appears to have taken over Wall Street. Some growth tech stocks, though, have fared even better.
Take a look at (NYSE: SHOP). The e-commerce infrastructure service provider has seen its shares skyrocket 112% this year. That gain has been bolstered by strong fundamental performance.
While the Nasdaq might be in bull market territory, Shopify is doing even better. Here are three reasons investors might want to buy the stock right now.
Source Fool.com
Shopify Inc Aktie
68,03 €
1,63 %
Leichtes Buy-Übergewicht bei der Shopify Inc Aktie mit 5 zu 1 Einschätzungen.
Bei einem Kursziel von 75 € ergibt sich ein leicht positives Potenzial von 10.25% im Vergleich zum aktuellen Kurs von 68.03 € für Shopify Inc.
