2 Stock-Split Stocks That Could Still Soar in 2023
It's hard to believe, but 2023 is on its way out. Many companies are now reporting third-quarter earnings, which leaves just one more quarter to go for the year. For most companies, these results will be reported when we've already turned the page on the calendar to the new year.
Investors started the year with a bullish feeling, and the market came very close to ending the current bear market. But continued macroeconomic and geopolitical issues have dragged down market enthusiasm, and the S 500 is now up a more moderate 8.5% this year.
However, the year still isn't over, and some recent earnings reports have been stellar, leading to stock gains. Amazon (NASDAQ: AMZN) is getting back to some serious growth, and its stock popped after earnings last week. (NYSE: SHOP) reported excellent results as well this week that sent its shares soaring.
Source Fool.com
Shopify Inc Stock
Currently there is a rather positive sentiment for Shopify Inc with 5 Buy predictions and 0 Sell predictions.
As a result the target price of 75 € shows a positive potential of 34.8% compared to the current price of 55.64 € for Shopify Inc.
