Shopify earnings were released today (Feb 12) around 8:30 PM EST and came in massive. EPS, revenue, growth, earnings and profit came in at historic levels and drastically beat expectations.
This is a company that is ran by one of the top CEOs with incredible vision and Shopify continues to surprise quarter after quarter - year after year - and continues to win against Amazon against this similar and specific service.
Shopify has surged on the US side pre-market and it appears it will trade around [at-least] 750 (CAD) or more today with no sign of letting up.
Shopify continues to show signs of a large turnaround similar to Tesla where everyone discounted the name and now that the company has become profitable, the stock could rocket to levels over 1000 in the next 12 months or so.
This is certainly a company you want in your portfolio especially as online shopping is the 'way of the future' as retail stores become antiquated. You can play it directly with the stock or purchase ETF: XIT which plays mostly the top 10 Canadian technology companies. In this etf by BlackRock, Shopify represents a nice and juicy 30%+ by weight.
2020 Year End Target: $850-900 (Canadian Dollars).
- zSplit
This is a company that is ran by one of the top CEOs with incredible vision and Shopify continues to surprise quarter after quarter - year after year - and continues to win against Amazon against this similar and specific service.
Shopify has surged on the US side pre-market and it appears it will trade around [at-least] 750 (CAD) or more today with no sign of letting up.
Shopify continues to show signs of a large turnaround similar to Tesla where everyone discounted the name and now that the company has become profitable, the stock could rocket to levels over 1000 in the next 12 months or so.
This is certainly a company you want in your portfolio especially as online shopping is the 'way of the future' as retail stores become antiquated. You can play it directly with the stock or purchase ETF: XIT which plays mostly the top 10 Canadian technology companies. In this etf by BlackRock, Shopify represents a nice and juicy 30%+ by weight.
2020 Year End Target: $850-900 (Canadian Dollars).
- zSplit
註釋
After being somewhat overbought as of late it appears Shopify will come down to find support near the trend-line @ 690ish. Still an overall excellent and long-term hold and boy.
2020 Target: 850+.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。