Is Shopify Inc (SHOP) the Best Non-US Stock To Buy?

Core Viewpoint - Shopify Inc. is recognized as a promising investment opportunity by hedge funds, with differing ratings and price targets from Wells Fargo and UBS, indicating strong growth potential driven by AI and other factors [1][2][3]. Group 1: Analyst Ratings and Price Targets - Wells Fargo has reiterated a Buy rating on Shopify, raising the price target from $125 to $198 [1]. - UBS has maintained a Hold rating with a price target of $165, indicating a more cautious outlook [1]. Group 2: Growth Potential and Financial Projections - Wells Fargo views Shopify as an "under-earning asset" with significant potential to benefit from AI advancements, forecasting revenue and adjusted operating income to exceed consensus estimates by over 20% and 50% respectively by 2028 [2]. - UBS anticipates strong growth across four main pillars: International, Enterprise, In-store POS, and B2B, projecting a CAGR growth of 15% to 21% in GMV and 15% to 20% in gross profit until 2035 [3]. Group 3: Company Overview - Shopify Inc. is a Canadian multinational company that provides an all-in-one e-commerce platform and financial tools for merchants, facilitating the start, operation, and growth of businesses [4].