NYSE:SHOP
Shopify Inc (SHOP)
145.16
+2.82 (1.98%)
as of Sep 24, 2026, 8:00:00 pm Market Open.
235 watching
Financials 
Technical Analysis 0
HOLD
The market is moving out of PE into price/sales. It's tough to be in long-duration assets in this market. But he's holding on, not selling, and is underweight these names. He believes in their business models, though it's tough to feel the pain on the way down. You got to right-size such holdings.
Technology
TOP PICK
On sale today, by 10%. E-commerce as a service. Well managed. Concern about new fulfillment centre strategy, but they explained it well. Everything is running well. 12-month price target of $1550 USD. No dividend.
Kim BoltonOwned
Technology
COMMENT
A winner during the pandemic and will thrive if Omicron makes an impact. They just had a huge Black Friday with $2.9 billion in sales, up 21% over last year though online sales declined YOY. Their last quarter was mixed to some analysts, management reiterated its full-year forecast, so shares didn't drop, though they did sell-off last Friday (along with the market).
Technology
BUY
Shopify vs. Big Commerce Big Commerce went public in August and is basically a Shopify copycat. He prefers Shopify which has a faster growth rate and is turning a profit. Has always liked Shopify. Both are Covid winners.
Technology
PAST TOP PICK
(A Top Pick Oct 01/19, Up 191%) Glad he still owns it. He targets US$1,100, so there's currently room to grow (not US$903). Has a long runway in secular growth. Their track record of innovation is phenomenal. He sees a much-higher stock price. Their Q2 report said that gross merchandise volume accelerated 119% at a phenomenal annual rate.
Kim BoltonOwned
Technology
COMMENT
He has built up a position in the US holding. His price target is $375 US. A recent share offering diluted the shares, but now it trades at $4 billion below enterprise value. He has a 3.5% holding in his portfolio.
Kim BoltonOwned
Technology
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