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.
Motley Fool Issues Rare “All In” Buy Alert

NYSE: SHOP

Shopify

Market Cap

$91B

Today's Change

(-2.37%) -$1.71

Current Price

$70.55

Price as of April 25, 2024, 4:00 p.m. ET

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 -2.37%). 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 Feroldi owns shares of Shopify. 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.