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Review of Shopify Inc.
MAY 09, 2024 - Shopify (SHOP) is a leading global commerce company that provides essential internet infrastructure for commerce, offering tools to start, scale, market, and run a business. SHOP’s business model embodies scalability and alignment with customers (merchants). The business has continually added to its solution offering and now essentially offers a solution for every business – no matter the size. SHOP continues to be one of our favourite growth names and we are maintaining our rating of an A-.
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Q: Hi,
In your answer to Neil yesterday, you said that there are numerous high growth software companies that remain down 20%.+ Could you name several you like, both US and Canadian? Thank you Mike.
In your answer to Neil yesterday, you said that there are numerous high growth software companies that remain down 20%.+ Could you name several you like, both US and Canadian? Thank you Mike.
Q: Nasdaq announced Friday night that SHOP will be included in a number of Nasdaq 100 and Nasdaq Tech Sector indices, as of May 19th.
I am not sure if there was a speculation about possibility of this index inclusion in the market after SHOP listed New York, as its Principal Executive Office alongside Ottawa in a recent SEC filing.
Do you believe that stock should react well to the announcement over next several trading sessions ?
What would be the estimated demand of its shares from all the ETF's/MF's following these indices ?
Thank You
I am not sure if there was a speculation about possibility of this index inclusion in the market after SHOP listed New York, as its Principal Executive Office alongside Ottawa in a recent SEC filing.
Do you believe that stock should react well to the announcement over next several trading sessions ?
What would be the estimated demand of its shares from all the ETF's/MF's following these indices ?
Thank You
Q: Poor quarter. What does this mean going forward? Is this still a star rising or a star that has lost its way? Where do you see the stock price going? Is it a buy, hold or sell? Have you changed opinion on it?
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