Generally speaking, investors are inspired to be stock pickers by the potential to find the big winners. You won’t get it right every time, but when you do, the returns can be truly splendid. One bright shining star stock has been Shopify Inc. ( NYSE:SHOP ), which is 788% higher than three years ago. On top of that, the share price is up 41% in about a quarter.
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Shopify wasn’t profitable in the last twelve months, it is unlikely we’ll see a strong correlation between its share price and its earnings per share (EPS). Arguably revenue is our next best option. When a company doesn’t make profits, we’d generally expect to see good revenue growth. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth.
And here's another article:
Amazon Might Not Be the Biggest Threat to Shopify Stock | InvestorPlace
Anyone who’s been a shareholder of Shopify’s (NYSE: SHOP ) for more than a year has got to be amazed at how far Shopify stock has come in recent months. Up 44% in the past 90 days and 17% year to date through January 24, there doesn’t seem to be anything capable of stopping this momentum play in its tracks, not even Amazon (NASDAQ: AMZN ).
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Vox contributor Patrick Sisson’s article specifically mentions Elliot , a new shopping marketplace that has over 1,300 merchants in more than 86 countries using its platform.
Shopify vs Amazon: The leader faces some competition
Amazon has been the undisputed leader in the e-commerce space. Despite its size, the online retail behemoth continues to grow at break-neck pace. According to eMarketer , it accounts for more than 50% of the US online retail sales. However, Canada-based Shopify is emerging as a real competitor to Amazon by taking a different approach to e-commerce. In this Shopify vs Amazon comparison, let’s check out how big a threat the Canadian company is to Amazon.
Ottawa-based Shopify to hire 1,000 workers, open Vancouver office by late 2020 | Globalnews.ca
Shopify Inc. is bulking up its presence and workforce on Canada’s west coast with a plan to hire 1,000 people in Vancouver and open its first permanent office there.
The Ottawa-based company , which provides technology to online retailers, said Tuesday that it will start expanding its team with a slew of backend developers, data engineers, mobile developers, web developers, product designers and product managers in the city.
In case you are keeping track:
Mizuho Says Shopify Has Attractive Fulfillment Opportunity, Investments Could Weigh On Margins
Shopify Inc (NYSE: SHOP ) launched Fulfillment in June last year. Although the new Fulfillment solution offers attractive cross-sell opportunities, the planned investment would exert pressure on the company's margins for the next several years, according to Mizuho.
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Mizuho's Siti Panigrahi initiated coverage of Shopify with a Neutral rating and a price target of $410.
Hashtag Trending – Huawei enters U.K.
In an anticipated move, the U.K. has rolled out the red carpet for Huawei and allowed it into its 5G network. Also, if you're a Shopify employee in Vancouver, you'll be getting a new office and new coworkers soon. Finally, learn about how to avoid the expensive connection fee when you activate your phone.
Thank you for tuning in to Hashtag Trending, it's Wednesday, January 29th, and I'm your host, Tom Li
Shopify’s expansion in Vancouver shows B.C.
MICHELLE Mungall, Minister of Jobs, Economic Development and Competitiveness, said on Tuesday that Shopify’s decision to open a large, permanent office in downtown Vancouver and hire 1,000 new employees is further proof that B.C. is a preferred place to do business among the world’s leading companies.
Mungall said: “This proud Canadian company recognizes B.C. for our top talent and potential for continued growth. Vancouver is known around the world as a hub for innovation and a highly skilled workforce, which continues to make our province attractive to businesses of all sizes.
Shopify plans to hire 1,000 workers, open Vancouver office by end of year | Battlefords
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