3 Charts That Should Make You Think Twice Before Buying Shopify Stock

With the Nasdaq Composite approaching bear market territory again -- down 20% from its high -- investors are looking for bargains among the rubble. Many of the most popular stocks have been cut in half or more in the last six months. Some will never recover.

Shopify (NYSE: SHOP) -- a platform that lets merchants manage their entire e-commerce business from one application -- is one company with a beaten-down stock that seems to have years of growth head of it. But some metrics point to trouble ahead. Here are a few charts to see before picking up shares.

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Source Fool.com