Short-term challenges won’t derail Shopify

Despite its current challenges, Shopify’s long-term outlook remains sound. The company has been expanding its business in recent years to provide more services for merchants. It has developed point-of-sale hardware for retailers, launched a shopping app for its merchants to list products and created a.. Read More

Shopify is still a buy

SHOPIFY INC., $657.16, remains a buy. The company (Toronto symbol SHOP; TSINetwork Rating: Extra Risk) (www.shopify.ca; Shares o/s: 116.4 million; Market cap: $87.1 billion; No dividends paid) has moved down from the all-time high of $2,229 it hit in November 2021—and along with other unprofitable tech-oriented/online platform stocks. In… Read More

Tech looks to bounce back from its losses

Many technology stocks has seen strong growth over the past couple of years as the pandemic unfolded. The reasons included: the rapid expansion of productivity and cybersecurity technology as COVID-19 forced many people to work from home, and the shift to online shopping. That pushed… Read More