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Shopify Inc. (SHOP): A Bull Case Theory

We came across a bullish thesis on Shopify Inc. (SHOP) on Substack by Business Invest. In this article, we will summarize the bulls’ thesis on SHOP. Shopify Inc. (SHOP)'s share was trading at $106.96 as of Nov 22nd. SHOP’s trailing and forward P/E were 99.96 and 73.53 respectively according to Yahoo Finance.

[caption id="attachment_982583" align="aligncenter" width="768"] Photo by Charles Deluvio on Unsplash[/caption]  

Shopify has long been regarded as a leading player in the e-commerce space, demonstrating several qualities that indicate its potential as a high-quality,...