Where Will Shopify Be In 1 Year?
(NYSE: SHOP) has transformed e-commerce and made it possible for millions of merchants to compete with large retailers. It has demonstrated incredible growth for years, and it still has a long way to go. E-commerce is still increasing as a percentage of total retail sales, and Shopify is well-positioned to benefit from that trend.
It's also experienced a few hiccups along its journey, which isn't anything out of the ordinary for a growth company. It's how a company deals with challenges which often determines whether or not you should buy its stock. Let's see where Shopify is going and if its stock is worth buying right now.
Shopify has created the No. 1 turnkey e-commerce solutions, with several different packages targeting every stripe of online retailer. Originally the source for small businesses that needed a simple way to get their wares on the web, it now offers sophisticated marketing, analysis, financial, and operating solutions and works with high-level enterprise clients.
Source Fool.com
Shopify Inc Stock
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 36.14% for Shopify Inc compared to the current price of 55.09 €.
