10 Reasons to Buy Shopify Stock and Never Sell
The run up on Shopify (NYSE: SHOP) stock has already turned a $10,000 investment at its initial public offering price in May 2015 into $357,000. It has a total market value of $109 billion at the current share price around $915, despite the fact that it hasn't reported a full-year profit yet.
It's up for debate whether the stock is a screaming buy at these levels, but there are plenty of reasons why investors should consider at least a small position in the stock with the intent to gradually add to it over time. Here are 10 reasons to consider the stock.
Image source: Shopify.
Source Fool.com