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Should I Buy Shopify Stock Right Now?

Should I Buy Shopify Stock Right Now?

Speaking during a second-quarter earnings conference call about how COVID-19 affected his company, Shopify Chief Operating Officer Harley Finkelstein noted, "It has catalyzed e-commerce, introducing major changes in buyer behavior and pulling forward what retail would look like in 2030 into 2020." Let's take a closer look at this company and try to determine if Shopify stock is a buy right now. The top line shows Shopify is growing rapidly.