3 Tremendous Stocks That Could Soar in a Bull Market
There's never a bad time to own a quality long-term stock, but there's also no denying that some stocks perform better in certain environments. Whereas defensive names like Kroger or Procter Gamble often thrive on bearishness, other tickers do notably well in bull markets.
With that as the backdrop, here's a deeper dive into three tremendous stocks that could soar in a bull market -- presuming that bullishness is built on economic strength.
It's possible you've already used 's (NYSE: SHOP) service without even realizing it. The company offers e-commerce tools to merchants and brands that don't want to rely on the likes of Amazon or eBay to maintain an online presence, but don't want to build an online shopping platform from scratch either. And businesses of all sizes are still jumping at the chance for such self-sufficiency.
Source Fool.com
Shopify Inc Stock
We see a rather positive sentiment for Shopify Inc with 6 Buy predictions and 1 Sell predictions.
With a target price of 80 € there is a slightly positive potential of 19.44% for Shopify Inc compared to the current price of 66.98 €.
