Shopify (SHOP 0.88%) has grown sales rapidly over the years. But is that enough to make the stock a buy? This video will answer that question using my simplified six-step framework for stock analysis.
Stock prices used were the afternoon prices of Sept. 16, 2022. The video was published on Sept. 19, 2022.
Parkev Tatevosian has positions in Shopify. The Motley Fool has positions in and recommends Shopify. The Motley Fool recommends the following options: long January 2023 $1,140 calls on Shopify and short January 2023 $1,160 calls on Shopify. The Motley Fool has a disclosure policy.
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