Shopify Is One Of The Best Growth Stories In The Market Today [Seeking Alpha]
Apple Inc. (AAPL)
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Shopify Is One Of The Best Growth Stories In The Market Today I am now in my 22 nd But, from time to time companies come along with a business plan that turns into an earnings growth monster. Apple was just wrote about Apple Amazon is also currently one of those stocks. Is Shopify worth of a 300-plus PE ratio at the current time? Shopify ( SHOP 1,260% A $10,000 investment in SHOP back then would be worth $126,000 today. A $3B small-cap company has become a $38B large-cap company. Is it on its way to join the $100 billion-plus club? Here is what its chart looks like since the company went public. As I mentioned previously, some have called this company the next Amazon ( AMZN Is this the next Amazon? Shopify provides a cloud-based commerce platform for small and medium-sized businesses via subscription and merchant solution. It is based in Ottawa, Ontario, Canada. A merchant can start their own shop on their online mall without incurring all the overhead of opening a traditional bricks
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