Shopify (NYSE: SHOP) was already making waves as an e-commerce enabler before 2020, but it soared to new prominence at the onset of the pandemic when billions of folks were doing their best to avoid shopping in person. The surge in consumer demand for online shopping and the government-mandated closures of brick-and-mortar stores compelled a wave of businesses to establish an online presence. Shopify was there to help and benefited from the trend.
That said, it's not all good news today for Shopify. Let's consider both sides of the argument for investing in this stock -- the bull vs. bear.
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Source Fool.com