$Shopify(SHOP)$ Does P/E matte

2022-12-16

$Shopify(SHOP)$ Does P/E matter...well Yes and No... Waay back in the day I Bought amazon to an split adjusted priced of about $1.70 in early 2000s after the dotcom bubble. Well I didn't keep it because even back then I thought their P/E was too steep. Imagine if I kept it? So P/E is not everything... growth and market penetration is. Plus after all this software development, expansion via that software is essentially free. Of course their are server costs, software revisions, improvements, APIs and others but they have a product that is THERE/complete. They have Delivrr, Affirm and eGlobal abilities so WOW not to much more to add/cost. This company will eventually reap the benefits from all their investments. The consumer is the heart of the economy and the future of e commerce is undeniable.

This company is truly the next Amazon play... and this time I am not selling it.

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Comments

PhilipChow
2022-12-16
PhilipChow
Why this is Elon Musk related stock?
kuahw
2022-12-18
kuahw
Ok
Camper
2022-12-16
Camper
[Cool]
Phie
2022-12-16
Phie
good 👍
J1000
2022-12-16
J1000
K
Kk66
2022-12-16
Kk66
Who knows

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So P/E is not everything... growth and market penetration is. Plus after all this software development, expansion via that software is essentially free. Of course their are server costs, software revisions, improvements, APIs and others but they have a product that is THERE/complete. They have Delivrr, Affirm and eGlobal abilities so WOW not to much more to add/cost. This company will eventually reap the benefits from all their investments. The consumer is the heart of the economy and the future of e commerce is undeniable.This company is truly the next Amazon play... and this time I am not selling it.</body></html>","text":"$Shopify(SHOP)$ Does P/E matter...well Yes and No... Waay back in the day I Bought amazon to an split adjusted priced of about $1.70 in early 2000s after the dotcom bubble. Well I didn't keep it because even back then I thought their P/E was too steep. Imagine if I kept it? So P/E is not everything... growth and market penetration is. 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