Monday, November 18, 2024

Shopify's Business Has Excellent Prospects, But Its Valuation Suggests Caution

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Analyst's Disclosure: I/we have a beneficial long position in the shares of SHOP, AMZN, GOOG, GOOGL, META, VOO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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