Shopify Inc. (SHOP) Is a Trending Stock: Facts to Know Before Betting on It

Shopify (SHOP) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this cloud-based commerce company have returned +6.7%, compared to the Zacks S&P 500 composite's +3.5% change. During this period, the Zacks Internet - Services industry, which Shopify falls in, has gained 2.6%. The key question now is: What could be the stock's future direction?While m ...