Tag: Shopify

  • Upgrade Could Send Shopify Back to $71

    Upgrade Could Send Shopify Back to $71

    Keep an eye on Shopify (SHOP). After a brief pullback, the stock is turning higher. All after MoffettNathanson analysts turned bullish based on the e-commerce software provider’s potential to serve large retailers, rather than just the smaller sellers, as noted by Barron’s. The firm raised its rating to outperform from market perform, with a price…

  • Shopify Racing Higher on Stock Split News

    Shopify Racing Higher on Stock Split News

    Keep an eye on Shopify Inc. (SHOP). The oversold stock could run after shareholders approved a 10:1 stock split. “For the stock split, shareholders of record as of the close of business on June 22, 2022 will receive on June 28, 2022 nine additional Class A subordinate voting shares or Class B multiple voting shares,…

  • Amazon Stock a Steal Under $200

    Amazon Stock a Steal Under $200

    Shares of Amazon.com (AMZN) now trade at $124.71. All after a 20:1 stock split.  So, if you owned one share of Amazon, you now own 20 shares after the split that each cost about 1/20th of the previous price. At the same time, the value of your investment does not change. Even better, there are…

  • It’s Not Time to Buy the Shopify Fear Just Yet

    It’s Not Time to Buy the Shopify Fear Just Yet

    Keep an eye on Shopify (SHOP). At the moment, the stock is getting crushed after Goldman Sachs’ analyst Gabriela Borges initiated coverage of the stock with a neutral rating. While “she says the company is well-positioned long term, but she sees near-term headwinds. For one thing, Borges says that a recent slowing of gross-merchandise-value growth…