This year, the Nasdaq Composite Index has risen by 37% (as of Dec. 8), which is an outstanding gain, especially after the huge decline in 2022.

However, some businesses, like (NYSE: SHOP), have rewarded investors even more. Its shares have more than doubled in 2023 amid a resurgence in growth-tech stocks.

After the price has skyrocketed so much in such a short period of time, is this top e-commerce stock worth adding to your portfolio right now? Let's take a closer look at what investors need to know before deciding.

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Source Fool.com