|Bid||0.00 x 1000|
|Ask||0.00 x 2200|
|Day's range||31.25 - 33.20|
|52-week range||21.60 - 79.90|
|Beta (5Y monthly)||0.97|
|PE ratio (TTM)||N/A|
|Earnings date||22 Feb 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||31.68|
Disruptive companies have been among the most beaten-down, but could provide the best upside moving forward.
The iconic money manager with a penchant for aggressive growth aims to close out January with a bang.
In the current market environment, even many of the most resilient businesses are seeing their share prices rise and fall significantly from one day to the next. For Shopify (NYSE: SHOP), whose platform provides the infrastructure for roughly 20% of all live e-commerce sites globally, and 28% of U.S. e-commerce sites, this presents tremendous potential. In recent months, as investor sentiment regarding growth stocks has been in flux, many have turned away from Shopify due to concerns about how a potential recessionary period and a further decline in consumer spending could affect its business.