Fool.com contributor Parkev Tatevosian determines whether long-term investors should consider buying Shopify (SHOP 1.52%) stock.
*Stock prices used were the afternoon prices of Aug. 10, 2024. The video was published on Aug. 12, 2024.
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I Update My Shopify Stock Buy Recommendation
By Parkev Tatevosian, CFA
–
Aug 13, 2024 at 8:58AM
NASDAQ: SHOP
Shopify
Market Cap
$151B
Today's Change
(1.52%) $1.75
Current Price
$116.52
Price as of July 3, 2025, 1:00 p.m. ET
Shopify is gaining market share in the online marketplace.
Parkev Tatevosian, CFA 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. 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.
Stocks Mentioned
Shopify
SHOP
$116.52
(1.52%)
$1.75
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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