Will Shopify Be a Trillion-Dollar Stock by 2030?
The e-commerce provider Shopify (NYSE: SHOP) has a $180 billion market cap and is down around 18% from its all-time high. To be a $1 trillion company, it must return 455% over the next seven years. However, it has more than doubled that return, increasing by 1,080% over the last three years. Could it accomplish this trillion-dollar feat earlier or even at all?
Shopify is creating an ecosystem that can take a new business from its first sale to a booming business.
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Source Fool.com
