15.12.2024 11:16:00

Could Buying Shopify Stock Today Set You Up for Life?

There are good stocks, and then there are great stocks. Good stocks can perform well for at least a while. Great stocks can be life-changing investments, often becoming a portfolio's chief growth driver. Investors will be glad to own some of the former, but ultimately, they'd rather wind up with the latter.It's not yet clear which of those categories e-commerce platform Shopify (NYSE: SHOP) will ultimately belong to. It has been a fantastic performer since its 2015 IPO, despite its ups and downs. With the online shopping space growing ever more crowded though, can the stock continue to deliver outsized returns for long enough to set you up for life?On the off-chance you're reading this and aren't familiar, Shopify helps businesses of all sizes build and manage their own e-commerce operations.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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