Thinking About Selling Shopify Stock? This Might Change Your Mind
(NYSE: SHOP) surprised the market with its better-than-expected earnings results in the first quarter. The stock has rebounded 78% year to date.
For investors who have held the stock through the roller coaster of the last few years, it might be tempting to get out while the going is good. But you might be selling a long-term compounding machine -- just at the time it is starting to regain momentum.
Even after the sharp rebound, the stock is still selling 67% off its all-time high, and Shopify is proving it's still the go-to e-commerce platform for small businesses.
Source Fool.com
Shopify Inc Stock
€55.55
0.650%
Our community is currently high on Shopify Inc with 5 Buy predictions and 0 Sell predictions.
With a target price of 75 € there is a positive potential of 35.01% for Shopify Inc compared to the current price of 55.55 €.
