Shopify Puts Up 28% in a Month, Should You Invest Now?

TipRanks2022-11-27

Story HighlightsShopify stock has bounced back from its lows. However, the uncertain economic environment could continue to play spoilsport.Shopify (NYSE:SHOP)(TSE:SHOP) stock has gained about 28% in ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Blading23
2022-11-28
Blading23
Ok
- Blading23:
  like
SPOT_ON
2022-11-28
SPOT_ON
Alibaba !!! [Love] [Love] [Love] [Love] [Love]
patrickLai
2022-11-28
patrickLai
Yeah
- patrickLai:
  ok
ThaiGirl
2022-11-28
ThaiGirl
Yes. U are right
chinks29
2022-11-28
chinks29
Ok
- 保升龙:
  ok
YauDK
2022-11-28
YauDK
Ye ye
- YauDK:
  Ye

Leave a comment

473

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1140872243?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-11-27 12:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1140872243","market":"us","top_or_hot":-1,"title":"Shopify Puts Up 28% in a Month, Should You Invest Now?","media":"TipRanks","content":"<div>\n<p>Story HighlightsShopify stock has bounced back from its lows. However, the uncertain economic environment could continue to play spoilsport.Shopify (NYSE:SHOP)(TSE:SHOP) stock has gained about 28% in ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/shopify-nyseshop-puts-up-28-in-a-month-should-you-invest-now\">Source Link</a>\n\n</div>\n","source":"lsy1606183248679","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Shopify Puts Up 28% in a Month, Should You Invest Now?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShopify Puts Up 28% in a Month, Should You Invest Now?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-27 12:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/shopify-nyseshop-puts-up-28-in-a-month-should-you-invest-now><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsShopify stock has bounced back from its lows. However, the uncertain economic environment could continue to play spoilsport.Shopify (NYSE:SHOP)(TSE:SHOP) stock has gained about 28% in ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/shopify-nyseshop-puts-up-28-in-a-month-should-you-invest-now\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SHOP","symbol_name":"Shopify Inc","start_time":0,"source_url":"https://www.tipranks.com/news/article/shopify-nyseshop-puts-up-28-in-a-month-should-you-invest-now","article_id":"1140872243","we_media_id":null,"thumbnails":[],"rights":{"source":"lsy1606183248679","url":"https://www.tipranks.com/news/article/shopify-nyseshop-puts-up-28-in-a-month-should-you-invest-now","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1140872243","pubTimestamp":1669522101,"sourceInfo":{"source_id":"lsy1606183248679","name":"TipRanks"},"weMediaInfo":null,"summary":"Story HighlightsShopify stock has bounced back from its lows. However, the uncertain economic enviro","collect":0,"end_time":0,"defaultTopTitle":"tipranks.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SHOP":"Shopify Inc"},"translate_title":"Shopify一个月放28%，现在该不该投资？","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SHOP":0.9},"content_text":"Story HighlightsShopify stock has bounced back from its lows. However, the uncertain economic environment could continue to play spoilsport.Shopify (NYSE:SHOP)(TSE:SHOP) stock has gained about 28% in a month. Positive developments, including the continued moderation in the inflation rate since June and indications of a slowdown in the interest rate hikes, supported SHOP stock. While Shopify stock has bounced back from the lows, an uncertain economic environment could hurt the recovery process and limit the upside.Is Shopify Stock a Buy, Sell, or Hold?Due to the uncertainty, Wall Street is cautiously optimistic about Shopify stock. Eight analysts have rated SHOP stock a Buy, and an equal number of analysts have Hold recommendations. Overall, it has a Moderate Buy consensus rating on TipRanks.Shopify’s investments to strengthen its e-commerce platform positions it well to capitalize on the digital transformation. The increased amount of gross merchandise volume processed through its payment solutions, expansion of its products in new markets, growing adoption of its POS (point-of-sale), Capital, and Market offerings, and investments to strengthen its fulfillment provide a solid base for recovery in Shopify stock.Moreover, Shopify is up against easier year-over-year comparisons in the coming quarters, implying its growth could accelerate.While Shopify stock is a solid long-term investment, near-term macro headwinds could restrict the upside. Further, SHOP’s forward Enterprise Value/Sales multiple of 7.8x is significantly higher than the sector median of 2.7x.Bottom LineShopify is poised to benefit from the ongoing shift in selling models toward digital platforms. Moreover, its strong competitive positioning, investments to strengthen its product base, and increased e-commerce penetration bode well for growth. However, an uncertain economic environmentcould limit the recovery in the near term.Shopify has positive signals from hedge funds and insiders who bought its stock last quarter. However, it carries a Neutral Smart Score of five out of 10. Moreover, analysts’ average price target of $41.21 implies 12% upside potential.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9966550067,"gmtCreate":1669597231059,"gmtModify":1676538210749,"author":{"id":"3565700003213382","authorId":"3565700003213382","name":"Blading23","avatar":"https://community-static.tradeup.com/news/4cd7ba668d1c755bf79285b205abdfb2","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3565700003213382","idStr":"3565700003213382"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9966550067","repostId":1140872243,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104976054,"gmtCreate":1669597237264,"gmtModify":1669597250022,"authorId":3565700003213382,"author":{"id":3565700003213382,"idStr":"3565700003213382","authorId":3565700003213382,"name":"Blading23","avatar":"https://community-static.tradeup.com/news/4cd7ba668d1c755bf79285b205abdfb2","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9966550067,"type":1,"supId":0,"prevId":0,"content":"<u>like</u>","text":"<u>like</u>","html":"<u>like</u>"}],"langContent":"EN"},{"id":9966529797,"gmtCreate":1669596284219,"gmtModify":1676538210521,"author":{"id":"3582922989777578","authorId":"3582922989777578","name":"SPOT_ON","avatar":"https://static.tigerbbs.com/080f029371339d9db26930961de6adb1","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":4,"crmLevelSwitch":1,"authorIdStr":"3582922989777578","idStr":"3582922989777578"},"htmlText":"Alibaba !!!&nbsp;[Love]&nbsp;[Love]&nbsp;[Love]&nbsp;[Love]&nbsp;[Love]&nbsp;","listText":"Alibaba !!!&nbsp;[Love]&nbsp;[Love]&nbsp;[Love]&nbsp;[Love]&nbsp;[Love]&nbsp;","text":"Alibaba !!! [Love] [Love] [Love] [Love] [Love]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9966529797","repostId":1140872243,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9966587782,"gmtCreate":1669594793747,"gmtModify":1676538210194,"author":{"id":"3585604372962377","authorId":"3585604372962377","name":"patrickLai","avatar":"https://static.tigerbbs.com/baedd77ad7c3a28da1ae2ecc8b2e88aa","vip":1,"crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"3585604372962377","idStr":"3585604372962377"},"htmlText":"Yeah","listText":"Yeah","text":"Yeah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9966587782","repostId":1140872243,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104975546,"gmtCreate":1669594800022,"gmtModify":1669594813262,"authorId":3585604372962377,"author":{"id":3585604372962377,"idStr":"3585604372962377","authorId":3585604372962377,"name":"patrickLai","avatar":"https://static.tigerbbs.com/baedd77ad7c3a28da1ae2ecc8b2e88aa","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9966587782,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":9966519664,"gmtCreate":1669592847459,"gmtModify":1676538209684,"author":{"id":"4096881297965510","authorId":"4096881297965510","name":"ThaiGirl","avatar":"https://static.tigerbbs.com/ed7fd22ceea4dbb8d99a0f7a7bd466af","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"4096881297965510","idStr":"4096881297965510"},"htmlText":"Yes. U are right&nbsp;","listText":"Yes. U are right&nbsp;","text":"Yes. U are right","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9966519664","repostId":1140872243,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9966538612,"gmtCreate":1669592209936,"gmtModify":1676538209469,"author":{"id":"4095681829599530","authorId":"4095681829599530","name":"chinks29","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"4095681829599530","idStr":"4095681829599530"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9966538612","repostId":1140872243,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104975261,"gmtCreate":1669593251009,"gmtModify":1669593264563,"authorId":3579730769631306,"author":{"id":3579730769631306,"idStr":"3579730769631306","authorId":3579730769631306,"name":"保升龙","avatar":"https://static.tigerbbs.com/e01d8942aa5f0e60c802ba77bcd46430","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9966538612,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"EN"},{"id":9966502546,"gmtCreate":1669590086286,"gmtModify":1676538208922,"author":{"id":"3580072870029753","authorId":"3580072870029753","name":"YauDK","avatar":"https://static.tigerbbs.com/4e00c10df4000c04392220903422d15f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3580072870029753","idStr":"3580072870029753"},"htmlText":"Ye ye&nbsp;","listText":"Ye ye&nbsp;","text":"Ye ye","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9966502546","repostId":1140872243,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104974662,"gmtCreate":1669590093849,"gmtModify":1669590107373,"authorId":3580072870029753,"author":{"id":3580072870029753,"idStr":"3580072870029753","authorId":3580072870029753,"name":"YauDK","avatar":"https://static.tigerbbs.com/4e00c10df4000c04392220903422d15f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9966502546,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Ye</span>","text":"<span class=\"s1\">Ye</span>","html":"<span class=\"s1\">Ye</span>"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":473,"commentSize":28,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1140872243"}