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Down 14%, Why Shopify Stock Is a No-Brainer Buy and Hold

A return to its roots is paying off big.

By Jason Hall – Mar 4, 2024 at 7:00AM EST

In this video, Motley Fool contributor Jason Hall takes a close look at Shopify (SHOP +2.65%), breaking down why the recent sell-off is a great opportunity for buy-and-hold investors.

*Stock prices used were from the afternoon of Feb. 16, 2024. The video was published on March 1, 2024.

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About the Author

Jason Hall
Jason Hall is a contributing Motley Fool stock market analyst with more than a decade of experience writing about dividend stocks and long-term investing. He has been with the company since 2012 and previously spent over 10 years in technical sales in the printing and information services industry. Jason also founded and operated a small food manufacturing business.
TMFVelvetHammer
X@thesmattering

Jason Hall has positions in Shopify. The Motley Fool has positions in and recommends 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 their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Shopify Stock Quote
Shopify
NASDAQ: SHOP
$133.65
(+2.65%)+$3.45

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

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