Shopify Stock Fires a Strong Buy Signal After Robust Results

Shopify TodaySHOPShopify$63.87 +9.65 (+17.80%) 52-Week Range$45.50▼$91.57Price Target$76.78Add to WatchlistShopify’s (NYSE: SHOP) Q2 results prove it can navigate and thrive in a challenging environment. Highlights include outperformance in every metric, robust cash and free cash flow, and an outlook for market-beating growth and margin over the coming year. The net result is that the stock price is up 25% on the news and still has at least 15% upside forecasted. The critical takeaway is that this company i ...