2 Reasons to Buy Shopify Stock Like There's No Tomorrow
Want to add a growth stock to your portfolio that could generate huge upside for years to come? (NYSE: SHOP) is the answer. The company benefits from a structural advantage that is shared by many of the largest companies in the world. And the valuation might surprise you.
Want to invest in stocks that can grow by leaps and bounds for decades? Look for "platform" businesses -- those that create foundations upon which other things can be built. Many people don't realize the power of platforms, even though they facilitate many aspects of daily life.
"Platform businesses are taking over every industry and are already a part of our everyday lives whether we realize it or not," global consultancy Deloitte explains. "The platform business model does not own the means of production, but rather creates and facilitates the means of connection."
Source Fool.com
Shopify Inc Stock
With 6 Buy predictions and not the single Sell prediction the community is currently very high on Shopify Inc.
As a result the target price of 80 € shows a positive potential of 24.19% compared to the current price of 64.42 € for Shopify Inc.
