Shopify is doing the hardest part of its growth journey now. If it gets it right, investors will be well rewarded.
Investors compare Shopify (SHOP -2.37%) to Amazon all the time, and, while they're competitors, it's not the best place to start thinking about Shopify. In this video, Motley Fool contributors Jason Hall and Jeff Santoro explain how Shopify's next phase of growth could be its hardest and what the company must get right to return to its winning ways for investors.
*Stock prices used were the afternoon prices of August 31, 2022. The video was published on Sept. 2, 2022.
John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Jason Hall has positions in Shopify. Jeff Santoro has positions in Amazon and Shopify. The Motley Fool has positions in and recommends Amazon and 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. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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