Shopify: Solid Value For Growth Investors

Iryna Tolmachova/iStock Editorial via Getty ImagesE-commerce company Shopify (NYSE:SHOP)(TSX:SHOP:CA) reported better than expected June-quarter results on Wednesday that resulted in a sharp increase in Shopify’s share price after earnings. A solid revenue outlook for Q3, strong growth in gross merchandise volume and improving free cash flow margins were all reasons why shares of Shopify closed 17% higher on Wednesday. I continue to see a huge e-Commerce market opportunity for Shopify and upside potenti ...