The e-commerce enabler is grappling with rapidly evolving consumer behavior.
Shopify (SHOP 4.90%) has grown sales rapidly over the years. But is that enough to make the stock a buy? This video will answer that question using my simplified six-step framework for stock analysis.
Stock prices used were the afternoon prices of Sept. 16, 2022. The video was published on Sept. 19, 2022.
Parkev Tatevosian has positions in Shopify. The Motley Fool has positions in 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.
Parkev Tatevosian 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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