Could Shopify Help You Become a Millionaire?
Tech giant Shopify (NYSE: SHOP) has been a bit of a market darling since its initial public offering back in 2015. Even after a recent sell-off, the company's shares are up by roughly 2,500% in the past six years. That's an outstanding performance by any metric, but many investors may be worried that it's too late to join this party.
After all, Shopify's most recent financial results failed to impress, and the company is still not consistently profitable. Given current market conditions, Shopify's shares could drop even lower in the near term. More importantly, what does the future hold for Shopify?
Could the company still provide market-shattering returns in the long run and perhaps help turn a comparatively modest sum into $1 million?
Source Fool.com
