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Why Shopify Is Still Just Getting Started

By Brian Stoffel and Brian Feroldi – Aug 24, 2021 at 7:30AM

Key Points

  • Shopify has numerous large moats around it.
  • The optionality provided by the company's mission shouldn't be underestimated.
  • With such financial flexibility, it will be hard for the competition to catch Shopify.

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If you think the Shopify of tomorrow will look like the Shopify of today, that's a big mistake.

These days, if entrepreneurs or small businesses want to set up an e-commerce site, there's one name that's top of mind: Shopify (SHOP -1.23%). But the company is so much more than a website designer: It allows merchants to cover all of their back-end needs (think: payments, shipping, analytics) all from a single interface.

Obviously, with e-commerce being as big a trend as it is, that's meant big business for Shopify. It also helps explain why the growth stock has returned 3,400% for investors over the past five years. 

But Motley Fool contributors Brian Stoffel and Brian Feroldi think there's still a very long runway for growth at Shopify. In this Aug. 17 video, the two explain why Shopify remains a core holding for them both.

Brian Stoffel owns shares of Shopify. The Motley Fool owns shares of and recommends Shopify. The Motley Fool recommends the following options: long January 2023 $1,140 calls on Shopify and short January 2023 $1,160 calls on Shopify. The Motley Fool has a disclosure policy.

Stocks Mentioned

Shopify Stock Quote
$38.49 (-1.23%) $0.48

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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