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This is the perfect example of a good company but an expensive stock.
In this video, I will cover Shopify's (SHOP 1.25%) first-quarter earnings report, which beat on the top and bottom lines, but that wasn't enough to satisfy the market.
*Stock prices used were from the trading day of May 7, 2024. The video was published on May 8, 2024.
Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Shopify. The Motley Fool has a disclosure policy. Neil 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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