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The math doesn't add up on Shopify, this investor says - Cantech Letter
Does buying Shopify ( Shopify Stock Quote, Chart, News TSX:SHOP ) at these prices make sense? Not at all, says portfolio manager Jason Del Vicario, but then again, Amazon took the same path to e-commerce success and look at how it's doing.
Shopify has obviously done tremendously well from a stock price perspective," says Del Vicario of HollisWealth, who spoke on BNN Bloomberg on Monday. "Their top line is booming, they’re signing deals with Walmart and Amazon and various other tech companies and they're doing really, really well."
Shopify: Getting Ahead Of Its Skis (NYSE:SHOP) | Seeking Alpha
Shopify is transforming e-commerce via its incredibly powerful platform (read: operating system) that empowers entrepreneurs and businesses to easily set up and run online stores on multiple channels.
The COVID-19 pandemic accelerated the digital transformation for businesses, thereby creating a significant influx of new merchants on Shopify's platform.
Low e-commerce penetration of merely ~12% of total retail translates into an incredible growth opportunity for Shopify. A rise in self-employment could serve as an additional booster too.
Walmart, Shopify Gang Up Against Amazon As Bezos Delays Prime Day
Walmart ( NYSE:WMT ) has been gearing up to launch its competitor to Amazon's Prime membership program. According to Record , Walmart+ or Walmart Plus will launch later this month. The program will offer competitive perks for Walmart shoppers.
Amazon's Prime service lets Amazon retail customers enjoy free delivery. They also get exclusive price discounts on Amazon's e-commerce platform and in Whole Foods stores. Prime members have access to free digital entertainment across video and music as well as cloud storage.
Not to change the topic here:
Shopify (SHOP) Gains But Lags Market: What You Should Know
Shopify (SHOP) closed at $1,017.30 in the latest trading session, marking a +0.33% move from the prior day. The stock lagged the S&P 500's daily gain of 0.78%. At the same time, the Dow added 0.68%, and the tech-heavy Nasdaq gained 1.44%.
Prior to today's trading, shares of the cloud-based commerce company had gained 36.71% over the past month. This has outpaced the Computer and Technology sector's gain of 4.97% and the S&P 500's loss of 1.32% in that time.
Is This Stock the Next Shopify?
Similar to Shopify and other Software-as-a-Service companies, Lightspeed is largely viewed as insulated from negative market forces. This is because the company charges fees that are very low, relatively speaking; fixed-cost merchants are more likely to maintain payments.
Through this uncertainty, Lightspeed is being viewed as a utility of sorts. Therefore, investors seem to feel Lightspeed’s payments are likely to continue for most small and medium enterprises (SMEs). That is certainly a good thing.
Covid-19 Impact on Shopify Designer Services Market to Witness Huge Growth by 2026 – 3w
Global Shopify Designer Services Market provides a 360-degree view of the marketplace for advanced technologies, key drivers, regulatory and future trends for brief to medium term and long-term forecast period. This report studies market size, industry conditions and forecasts, competitive landscape and growth opportunities.
Key Player Mentioned: Apolomultimedia, Arctic Grey, CarlowSEO, Carson Shopify, Electric Eye Agency, Expert Village Media Technologies, GoWebBaby, Minion Made, Mobikasa, Patane Creative Group, Simplistic, Up Studio, We Make Websites, WITTY
Mobile app solution Attentive becomes Shopify Plus Certified | MarTech Cube
Attentive®, the personalized text messaging platform for leading brands and organizations, announced today the certification of the company's app with Shopify Plus, the enterprise platform that powers commerce for the world’s fastest growing and most innovative brands, including Fortune 500s.
The Shopify Plus Certified App Program is for best-in-class technology solutions chosen for their quality and alignment with Plus merchant needs. Each app is formally reviewed by the Shopify App Review and Quality Assurance Team, to ensure it meets advanced requirements in the areas of performance, security, privacy, and support. Attentive is one of the first SMS solutions vetted by Shopify for their certified app program.
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