(NYSE: SHOP) is one of the world's largest e-commerce platforms. Using the company's software and services ecosystem, virtually any person or company can open an online store. It's getting harder to call the company a hidden gem -- the stock is worth nearly $90 billion and has been public for almost a decade. That said, Shopify has fallen out of favor with investors over the past few years.

The stock peaked in 2022 thanks to pandemic-fueled growth, but it has tumbled over 60% since then.

As bearish as the situation might seem, here are six reasons to buy Shopify stock like there's no tomorrow.

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Source Fool.com