Canadian e-commerce giant Shopify (SHOP) has witnessed major growth during the COVID-19 pandemic. Restrictions and shutdowns led to an unprecedented boom in the e-commerce sector.  Shopify has helped various small- and medium-sized businesses transition toward an online or omnichannel model. Accordingly, the company has been increasing its top line at a rapid rate and is becoming highly profitable. (See SHOP stock charts on TipRanks) This excellent growth rate has encouraged investors. However, many are wondering whether the company's growth rate will diminish, or potentially continue, over the long-term. I'm bullish on the stock.
https://www.tipranks.com/news/article/is-tiktok-partnership-a-win-for-shopify-investors?utm_source=advfn.com&utm_medium=referral
Shopify (NYSE:SHOP)
Historical Stock Chart
From Dec 2021 to Jan 2022 Click Here for more Shopify Charts.
Shopify (NYSE:SHOP)
Historical Stock Chart
From Jan 2021 to Jan 2022 Click Here for more Shopify Charts.