Shopify Inc. | StockChase
179
Shopify Inc. (SHOP-T)

Last Price Recorded: $189.2500 on 2018-05-19

ON STOCKCHASE SINCE Jun 2015

0
179
Shopify Inc. (SHOP-T)

Last Price Recorded: $189.2500 on 2018-05-19

ON STOCKCHASE SINCE Jun 2015


Shopify Inc.


Signal Opinion Expert
COMMENT
Shopify Inc.(SHOP-T) 

May 11, 2018

Back end office for e-commerce platform. They partnered with Amazon (AMZN-O). They have done a great job growing their business model. But they have no earnings. No free cash flows. Trading at 10 to 11 times forward sales. Interesting but not even near a valuation level that they would feel comfortable. (Analysts’ price target is $190)

Back end office for e-commerce platform. They partnered with Amazon (AMZN-O). They have done a great job growing their business model. But they have no earnings. No free cash flows. Trading at 10 to 11 times forward sales. Interesting but not even near a valuation level that they would feel comfortable. (Analysts’ price target is $190)

0
Bryden Teich

Portfolio Manager, Avenue Investment Ma...

PricePrice
$184.530
Owned Owned
No

DON'T BUY
Shopify Inc.(SHOP-T) 

May 9, 2018

He's taken aback by its high multiple and with how fast it's grown. He's skeptical when companies grow this quickly. He applauds there being a Canadian tech company, because there are so few, but there's no room for error. One earnings miss will hurt them badly.

He's taken aback by its high multiple and with how fast it's grown. He's skeptical when companies grow this quickly. He applauds there being a Canadian tech company, because there are so few, but there's no room for error. One earnings miss will hurt them badly.

0
Mario Mainelli, CFA

Portfolio Manager, Caldwell Investment ...

PricePrice
$187.600
Owned Owned
Unknown

WATCH
Shopify Inc.(SHOP-T) 

April 30, 2018

Numbers come out tomorrow.  It broke out and then came back to test the base.  He is looking for the high just over $200 to be a resistance level.  It will be interesting to see how it reacts tomorrow – does it sell the news.  Below $149, it would change the story for him.

Numbers come out tomorrow.  It broke out and then came back to test the base.  He is looking for the high just over $200 to be a resistance level.  It will be interesting to see how it reacts tomorrow – does it sell the news.  Below $149, it would change the story for him.

0
Hap (Robert) Sneddon FCSI

Chief Portfolio Manager & Founder, Castlemoore Inc....

PricePrice
$172.010
Owned Owned
Yes

PAST TOP PICK
Shopify Inc.(SHOP-T) 

April 30, 2018

(A Past Top Pick on Aug. 30, 2017, Up 26%) He's lucky he made money on this, because of Citron's activism against Shopify. However, this got stopped out and he regrets he didn't hold onto it. The company continues to do well, but wait till tomorrow morning's earnings before buying. Shopify has moved $26 billion in merchandise up from $6 billion just a few years agao.

(A Past Top Pick on Aug. 30, 2017, Up 26%) He's lucky he made money on this, because of Citron's activism against Shopify. However, this got stopped out and he regrets he didn't hold onto it. The company continues to do well, but wait till tomorrow morning's earnings before buying. Shopify has moved $26 billion in merchandise up from $6 billion just a few years agao.

0
Mike S. Newton, CIM FCSI

Director & Portfolio Manager, Scotia Wealth Manage...

PricePrice
$172.010
Owned Owned
No

WEAK BUY
Shopify Inc.(SHOP-T) 

April 12, 2018

The stocks came off rapidly on a short report last year.  It seems to be caught now in the Facebook downdraft.  This is a buying opportunity but be cautious.  You would want to be prepared to hold this for a long time.  It is more appropriate for growth investors.

The stocks came off rapidly on a short report last year.  It seems to be caught now in the Facebook downdraft.  This is a buying opportunity but be cautious.  You would want to be prepared to hold this for a long time.  It is more appropriate for growth investors.

0
Jason Del Vicario

Portfolio Manager, HollisWealth...

PricePrice
$151.980
Owned Owned
Unknown

DON'T BUY
Shopify Inc.(SHOP-T) 

April 9, 2018

It is a good story, and a phenomenal stock.  They address a large market and grow it.  It is quite early days, but it is expensive.  He has WIX.

It is a good story, and a phenomenal stock.  They address a large market and grow it.  It is quite early days, but it is expensive.  He has WIX.

0
Greg Dean

Principal & Portfolio Manager, Cambridge Global Ass...

PricePrice
$151.180
Owned Owned
No

COMMENT
Shopify Inc.(SHOP-T) 

April 4, 2018

Admit he's been critical of it and doesn't understand it as well as his colleagues. He defers to the research of others. This stock's performance has proven him wrong.

Admit he's been critical of it and doesn't understand it as well as his colleagues. He defers to the research of others. This stock's performance has proven him wrong.

0
Darren Sissons

Vice President and Partner, Campbell Lee & Ross...

PricePrice
$154.050
Owned Owned
No

BUY
Shopify Inc.(SHOP-T) 

April 4, 2018

He does own this and continues to like it.  It is hands down the industry leader in e-commerce.  He trimmed the position as it became a large holding in their portfolio.  This is a good pullback.  There is a short seller trying to connect it to Facebook – ignore that as smoke and mirrors.  

He does own this and continues to like it.  It is hands down the industry leader in e-commerce.  He trimmed the position as it became a large holding in their portfolio.  This is a good pullback.  There is a short seller trying to connect it to Facebook – ignore that as smoke and mirrors.  

0
Brian Madden

Senior VP & Portfolio Manager, Goodreid Investment ...

PricePrice
$154.050
Owned Owned
Yes

HOLD
Shopify Inc.(SHOP-T) 

April 2, 2018

How will it be affected by the FB-Q thing.  It would be a sympathy trade.  It aggressively broke out this year.  It has been parabolic. It is overbought and so you should see corrective movements.  So long as the breakout above $155 is held you are probably in good shape.

How will it be affected by the FB-Q thing.  It would be a sympathy trade.  It aggressively broke out this year.  It has been parabolic. It is overbought and so you should see corrective movements.  So long as the breakout above $155 is held you are probably in good shape.

0
Keith Richards

Portfolio Manager, ValueTrend Wealth Ma...

PricePrice
$157.660
Owned Owned
Unknown

PARTIAL BUY
Shopify Inc.(SHOP-T) 

March 28, 2018

He shorted it at $130. When will their earnings come out? Maybe 2020. So, you'll have to stomach volatility and be patient. It doesn't help that the short-seller is attacking them again, though he likes Shopify's defence. Still holds this, though he has sold some. He could dollar-cost average down the road.

He shorted it at $130. When will their earnings come out? Maybe 2020. So, you'll have to stomach volatility and be patient. It doesn't help that the short-seller is attacking them again, though he likes Shopify's defence. Still holds this, though he has sold some. He could dollar-cost average down the road.

0
David Driscoll

President & CEO, Liberty Internationa...

PricePrice
$157.000
Owned Owned
Yes

DON'T BUY
Shopify Inc.(SHOP-T) 

March 27, 2018

This stock is way too expensive. It is priced for perfection. Stocks like this can drop $40 in a heartbeat. This company doesn’t disclose its churn number. It also started a capital program in which they advance money to small clients. He wonders whether the loans are merely paying the fees to Shopify and what would be left if the loans weren’t there. In general, he doesn’t like the idea of being in the business of giving loans to your own customers. If you hold the stock and have made money at this level, you should sell because there is a lot of volatility to come.

This stock is way too expensive. It is priced for perfection. Stocks like this can drop $40 in a heartbeat. This company doesn’t disclose its churn number. It also started a capital program in which they advance money to small clients. He wonders whether the loans are merely paying the fees to Shopify and what would be left if the loans weren’t there. In general, he doesn’t like the idea of being in the business of giving loans to your own customers. If you hold the stock and have made money at this level, you should sell because there is a lot of volatility to come.

0
Stephen Takacsy, B. Eng, MBA

Chief Investment Officer & Portfolio Mgr, Lester Asset Managem...

PricePrice
$165.650
Owned Owned
No

DON'T BUY
Shopify Inc.(SHOP-T) 

March 26, 2018

No doubt about its growth potential, and it has been successful. But you're paying too much for
the future--it's pricing for the future. What if SHOP hits a bump? He wouldn't buy it here, though
you've done well if you bought it earlier. Overall, tech stocks are partly carried by momentum.

No doubt about its growth potential, and it has been successful. But you're paying too much for
the future--it's pricing for the future. What if SHOP hits a bump? He wouldn't buy it here, though
you've done well if you bought it earlier. Overall, tech stocks are partly carried by momentum.

0
Jim Huang

President, T.I.P. Wealth Manage...

PricePrice
$176.010
Owned Owned
Unknown

BUY on WEAKNESS
Shopify Inc.(SHOP-T) 

March 20, 2018

Stock has been and will remain on an uptrend. But how much do you pay for growth? Watch it and buy on pullbacks. When it matures, cash will spill out of it.

Stock has been and will remain on an uptrend. But how much do you pay for growth? Watch it and buy on pullbacks. When it matures, cash will spill out of it.

0
Bruce Murray

CEO & Chief Investment Officer, The Murray Wealth Gr...

PricePrice
$200.280
Owned Owned
Unknown

DON'T BUY
Shopify Inc.(SHOP-T) 

March 20, 2018

This hit a record high today. This is a great Canadian tech company but he would not buy it at this level. It is overvalued.. It trades at 15x 2018 sales.

This hit a record high today. This is a great Canadian tech company but he would not buy it at this level. It is overvalued.. It trades at 15x 2018 sales.

0
Geoff Scott

Institutional Portfolio Manager, Cambridge Global Ass...

PricePrice
$200.280
Owned Owned
No

DON'T BUY
Shopify Inc.(SHOP-T) 

March 13, 2018

The stock has done very well, but it's extremely rich--a risky valuation. There are cheaper, less risky tech stocks out there. Possibly, Amazon or somebody can just copy what they're doing. Also, he's worried that a lot of money is being invested here merely because it's the lone Canadian tech stock (not counting Blackberry).

The stock has done very well, but it's extremely rich--a risky valuation. There are cheaper, less risky tech stocks out there. Possibly, Amazon or somebody can just copy what they're doing. Also, he's worried that a lot of money is being invested here merely because it's the lone Canadian tech stock (not counting Blackberry).

0
Stan Wong

Director & Portfolio Manager, Private Wealth Manag...

PricePrice
$188.600
Owned Owned
No

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