Is Shopify the Next Amazon?
Amazon has been one of the best-performing stocks (if not the best) over the last two decades. Owning the stock since 1997 would have turned every $10,000 into more than $20 million by 2024.
Unsurprisingly, investors always look for the next Amazon, setting it as the benchmark for promising growth companies. , an up-and-coming e-commerce software company, is one of those promising candidates.
But is Shopify the next Amazon? Let's explore this further.
Source Fool.com
Shopify Inc Stock
€55.19
1.190%
Currently there is a rather positive sentiment for Shopify Inc with 5 Buy predictions and 0 Sell predictions.
As a result the target price of 75 € shows a positive potential of 35.89% compared to the current price of 55.19 € for Shopify Inc.
