Is Shopify Stock a Buy?

Chris Neiger, The Motley Fool
·3 min read
Is Shopify Stock a Buy?

Shopify (NYSE: SHOP), with its fast-growing e-commerce platform, has been a popular stock among tech sector investors over the past couple of years. To figure out whether or not Shopify is still a great tech stock to buy, let's consider the company's e-commerce opportunity. Shopify's management said in the company's fourth-quarter earnings call that they anticipate merchants will still join the company's platform this year in a number "higher than any year prior to 2020."