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Is Shopify Stock a Buy?


Shopify (NYSE: SHOP) has had a tremendous year. It eclipsed 1,000,000 customers, launched a fulfillment network, and raised its outlook for full-year revenue again in the most recent quarter. No wonder its stock is up 165% so far this year. This e-commerce platform seems to be executing in top form, but is it a buy hovering close to its 52-week high? Let's start by diving into its recent results.

SHOP Chart

SHOP data by YCharts

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Source Fool.com

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