Shopify Stock: Buy, Hold or Sell?
The last 12 months have been volatile for 's (NYSE: SHOP) investors. At one point, the stock traded at a low of $45.50, but it then doubled in the next few months to reach $91.57. Today, the stock is back down to about $63.
The recent stock movement suggests that the bulls and bears are still undecided on Shopify's long-term prospects. The former likes the huge e-commerce opportunity ahead, while the latter has concerns over Shopify's elevated valuation.
So what should current and future investors do with Shopify stock? This article aims to shed some light on that.
Source Fool.com
Shopify Inc Stock
€67.02
-0.930%
Our community is currently high on Shopify Inc with 5 Buy predictions and 1 Sell predictions.
With a target price of 75 € there is a slightly positive potential of 11.91% for Shopify Inc compared to the current price of 67.02 €.
