Both stocks are riding the wave of industries with powerful long-term tailwinds.Interest-rate cuts are often perceived as good for equities for at least two reasons. First, since lower interest rates make it easier for companies to borrow money, they can help spear business growth. Second, lower interest rates mean fixed-income assets, like bonds, lose some of their appeal compared to stocks, so many investors switch over to and bid up equities.The relationship between interest rates and the stock market is ...

When I last covered Shopify (NYSE: SHOP ) on May 23rd, 2024 with “ Shopify: Falling Hard, Look Out Below ”, the stock had fallen by more than -37.05% relative to the highs posted on February 12th and shareholders had evenAnalyst’s Disclosure: I/we have a beneficial long position in the shares of SHOP either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no bu ...

Shopify stock is far from its all-time high, but the company is more profitable today.In today's video, I will be talking about the recent updates regarding Shopify (SHOP 5.49%). Check out the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Oct. 1, 2024. The video was published on Oct. 4, 2024. ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Shopify (SHOP) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Shopify currently has an average brokerage recommendation (ABR) ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

Over the past few quarters, Shopify's stock has been on a rollercoaster ride, with notable price volatility. However, the company's Q2 FY24 earnings report brought some much-needed optimism, as the stock surged over 22% on the day of the announcement last week. This rally was driven by the performance of Shopify's e-commerce business, which stood out in a challenging macroeconomic environment, whilst many competitors fell short. The market's initial reaction might have been driven by concerns about declinin ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government. S ...

Stock market rallies can often be traced back to October.October has historically been a good month to have money in the stock market. The S&P 500 has rallied at least 10% on 61 occasions since World War II, and nearly one-third of those rallies have started in October, according to Bespoke Investment Group.One example is the bear market that started on Jan. 3, 2022, and ended on Oct. 12, 2022. The S&P 500 rallied more than 60% during the subsequent bull market. And history says the upward momentum could in ...

We are long Shopify (NYSE: SHOP ) as we believe it is the only credible challenger to Amazon’s e-commerce presence. Amazon ( AMZN ) operates a capital-intensive network of fulfillment centers, enabling itself and its third-party sellers rapid fulfillmentI collaborate with Nishant Surapanini MS, MD (2025). We study and select companies who are leaders in their industries, have best-in-class management teams, and opportunities for continued growth. But just as importantly, we identify and avoid poor-quality o ...

In the latest market close, Shopify (SHOP) reached $80.75, with a +1.88% movement compared to the previous day. The stock outpaced the S&P 500's daily gain of 0.4%. Meanwhile, the Dow experienced a rise of 0.62%, and the technology-dominated Nasdaq saw an increase of 0.6%.Coming into today, shares of the cloud-based commerce company had gained 9.28% in the past month. In that same time, the Computer and Technology sector gained 0.91%, while the S&P 500 gained 1.71%.The investment community will be closely m ...