Previous close | 62.73 |
Open | 62.68 |
Bid | 62.45 x 0 |
Ask | 62.48 x 0 |
Day's range | 61.83 - 62.71 |
52-week range | 33.00 - 94.73 |
Volume | |
Avg. volume | 4,239,847 |
Market cap | 79.587B |
Beta (5Y monthly) | 1.97 |
PE ratio (TTM) | 3.98 |
EPS (TTM) | 15.70 |
Earnings date | 03 May 2023 - 08 May 2023 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 74.27 |
The pandemic fueled Shopify (NYSE: SHOP) stock to all-time highs of $169 in 2021. However, the combination of a reopening economy and a bear market proved to be a toxic concoction that dropped the stock back to pre-pandemic levels.
The investment thesis for Shopify (NYSE: SHOP) has changed dramatically over the past couple of years thanks to the shift to online shopping during the pandemic. Shopify's latest earnings results reveal the next source(s) of growth. Let's take a look and see if Shopify makes the list of top growth stocks to buy now.
Palantir (NYSE: PLTR), Shopify (NYSE: SHOP), and DraftKings (NASDAQ: DKNG) are each growing revenue robustly. However, only one of them can be the best growth stock to buy. In this video, I will tell you which one.