Think Shopify (TSX:SHOP) Is Ridiculously Overvalued? It Just Proved Us Wrong

published 30.07.2020 19:30

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Primarily, if you are looking for growth and the potential Shopify has, you wouldn’t hesitate to buy its stock, even at higher valuation multiples.

Shopify stock has lots of room for further growth.

Instead, investors should focus on its growth potential to decide whether investing in Shopify stock makes sense for them.

Shopify crushed analysts’ estimates as a surge in online activities in North America led the company to report phenomenal growth.

It Just Proved Us Wrong Shopify’s (TSX:SHOP)(NYSE:SHOP) stunning second-quarter performance yet again proves why you cannot put the right value to its stock.

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