LeoPatrizi Thesis Summary Shopify Inc. (NYSE:SHOP) has seen a strong recovery in the last few months. Those who say that only the magnificent seven have rallied this year have clearly not been following Shopify. The stock has doubled in the last year while posting strong results in the last quarter. I can think of at least three catalysts that will propel Shopify in 2024. Increased Profitability Untapped growth Favourable macroeconomic conditions 2023 In Review Though a lot of the attention this past ...

There's little argument that 2022 was among the most challenging in recent history for investors, but this year has been a different story entirely. After tumbling roughly 35% in 2022 -- its worst performance since 2008 -- the Nasdaq Composite has sprinted ahead, gaining 44% so far in 2023 (as of market close on Wednesday).Yet there's precedent that the good times will continue. Since 1972 -- the first full year of activity for the Nasdaq -- in each year following a recovery, the tech-focused index has clim ...

After watching the stock more than double in 2023, it's understandable that some investors would think they've missed the boat on Shopify (SHOP -1.53%). Sure, there's a bright outlook for the software-as-a-service specialist as it benefits from lower costs and soaring sales growth. Yet, much of that enthusiasm is reflected in Shopify's elevated valuation.There are other good options for growth stock investors to consider if Shopify's big premium turns them off. Amazon (AMZN -0.94%) and Okta (OKTA -0.88%) sh ...

About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...

In this video, Motley Fool contributor Jason Hall takes a closer look at Shopify (SHOP 0.91%) and its bounce-back 2023 that has it set up to continue growing and arming its customers to better compete with Amazon (AMZN -0.27%) and other e-commerce entrants.*Stock prices used were from the afternoon of Dec. 19, 2023. The video was published on Dec 23, 2023. ...

Last year was tough on growth stocks, but 2023 has been the complete opposite. Many companies have rocketed higher this year with names such as e-commerce software provider Shopify (SHOP 0.91%) leading the charge. The Canadian tech business has seen its shares rise 120% this year. However, after such a brutal 2021 and 2022, the stock is still down 55% from the all-time high it set during the pandemic stock market bubble.After building such strong momentum this year, let's see if this growth investor favorit ...

Shopify (SHOP 0.95%), a household name in e-commerce infrastructure, remains a pivotal force in today's digital marketplace. The company's evolving platform, which offers various services from website development to payment processing, makes it indispensable for many businesses going digital.With its strong performance and innovative approach, Shopify's performance offers an intriguing tale as investors look ahead to 2024. It's one that continues to capture the interest of investors and could make the stock ...

Shopify Inc. (NYSE:SHOP) Q3 2023 Results Conference Call November 2, 2023 8:30 AM ET Company Participants Carrie Gillard - IR Harley Finkelstein - President Jeff Hoffmeister - CFO Conference Call Participants DJ Hynes - Canaccord Craig Maurer - Financial Technology Partners Matt Pfau - William Blair Samad Samana - Jefferies Brad Sills - Bank of America Clarke Jeffries - Piper Sandler Siti Panigrahi - Mizuho Securities Tim Chiodo - UBS Martin Toner - ATB Capital Markets Deepak Mathivanan - Wolfe Research Bha ...

EXHIBIT 99.2 MANAGEMENT’S DISCUSSION AND ANALYSIS November 2, 2023 In this Management's Discussion and Analysis ("MD&A"), "we", "us", "our", "Shopify" and "the Company" refer to Shopify Inc. and its consolidated subsidiaries, unless the context requires otherwise. In this MD&A, we explain Shopify's results of operations and cash flows for the three and nine months ended September 30, 2023 and 2022, and our financial position as of September 30, 2023. You should read this MD&A together with our unaudited con ...

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