Shopify Inc.

SHOP-T

TSE:SHOP

610.31
1.55 (0.25%)
Shopify is both a Canadian e-commerce company headquartered in Ottawa, Ontario and the name of its computer software platform for online stores and retail point-of-sale systems.
More at Wikipedia

Analysis and Opinions about SHOP-T

Signal
Opinion
Expert
COMMENT
COMMENT
January 22, 2020
A great company, but the valuation is scary. For Canadian growth, he prefers Kinaxis which has half the growth but the valuation is nowhere as high. If there's a pullback, Shopify will fall further.
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Shopify Inc. (SHOP-T)
January 22, 2020
A great company, but the valuation is scary. For Canadian growth, he prefers Kinaxis which has half the growth but the valuation is nowhere as high. If there's a pullback, Shopify will fall further.
SPECULATIVE BUY
SPECULATIVE BUY
January 20, 2020

LSPD-T vs. SHOP-T vs. SQ-N. He owned SHOP-T and then sold it and it was a mistake. None of the three companies meet his criteria. They have rapidly growing top line but the bottom line is not where it should be. LSPD-T bought another company recently and the stock price reacted favorably. We don't know enough about their bottom lines to be comfortable with them. These are fairly aggressive positions, especially at these levels. These would not be large allocations but if you wanted a little punt and accepted the volatility then these would probably be okay. SHOP-T would be the leader of the three.

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Shopify Inc. (SHOP-T)
January 20, 2020

LSPD-T vs. SHOP-T vs. SQ-N. He owned SHOP-T and then sold it and it was a mistake. None of the three companies meet his criteria. They have rapidly growing top line but the bottom line is not where it should be. LSPD-T bought another company recently and the stock price reacted favorably. We don't know enough about their bottom lines to be comfortable with them. These are fairly aggressive positions, especially at these levels. These would not be large allocations but if you wanted a little punt and accepted the volatility then these would probably be okay. SHOP-T would be the leader of the three.

BUY WEAKNESS
BUY WEAKNESS
January 13, 2020

Up 190% in the past year--not normal. He bought it in the $80s, but won't buy it now (nor sell it). Yes, it could be an Amazon and go to $2,000, but the downside risk is also huge. Too high. Wait for a pullback, at least.

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Shopify Inc. (SHOP-T)
January 13, 2020

Up 190% in the past year--not normal. He bought it in the $80s, but won't buy it now (nor sell it). Yes, it could be an Amazon and go to $2,000, but the downside risk is also huge. Too high. Wait for a pullback, at least.

BUY
BUY
January 10, 2020
He's long been bullish this. It's not at an insane valuation, but this can become a common name among Canadian shareholders.
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Shopify Inc. (SHOP-T)
January 10, 2020
He's long been bullish this. It's not at an insane valuation, but this can become a common name among Canadian shareholders.
DON'T BUY
DON'T BUY
January 9, 2020

Reticence in owning today is the expensive valuation, of about 20x forward earnings. Profitability is still elusive. Concern about liberal use of executive stock options, which amounts to about 10% of revenue. Great company, not a great stock. He prefers Open Text.

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Shopify Inc. (SHOP-T)
January 9, 2020

Reticence in owning today is the expensive valuation, of about 20x forward earnings. Profitability is still elusive. Concern about liberal use of executive stock options, which amounts to about 10% of revenue. Great company, not a great stock. He prefers Open Text.

BUY
BUY
January 2, 2020
It is one of the most expensive stocks on the face of the earth but it is also one of the fastest growing stocks on the earth. He sold half his position. He believes the outlook for their business is great and that it will translate into their stock. You want to diversify the risk in these stocks amongst three or four. Once the revenue growth drop off this stock will really pull back.
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Shopify Inc. (SHOP-T)
January 2, 2020
It is one of the most expensive stocks on the face of the earth but it is also one of the fastest growing stocks on the earth. He sold half his position. He believes the outlook for their business is great and that it will translate into their stock. You want to diversify the risk in these stocks amongst three or four. Once the revenue growth drop off this stock will really pull back.
DON'T BUY
DON'T BUY
December 30, 2019
17 times revenues. He is short a bit of it. It is a great Canadian success story but the valuation is insane.
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Shopify Inc. (SHOP-T)
December 30, 2019
17 times revenues. He is short a bit of it. It is a great Canadian success story but the valuation is insane.
PARTIAL SELL
PARTIAL SELL
December 23, 2019
What a stock, going after AMZN-Q. There was a surge in December and the point of resistance is about $550. When it gets there it does not mean we should get out of it. There is a double top. He has had to trim in some portfolios because it has gone up so much. He is not worried about it.
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Shopify Inc. (SHOP-T)
December 23, 2019
What a stock, going after AMZN-Q. There was a surge in December and the point of resistance is about $550. When it gets there it does not mean we should get out of it. There is a double top. He has had to trim in some portfolios because it has gone up so much. He is not worried about it.
TOP PICK
TOP PICK
December 11, 2019
The gift you put into your Christmas stocking. Very expensive trading at a high PE and price to sales. On Q3 their revenues were up 45% and online merchants have exceeded 1 million. They are growing loans to their merchants to over $145 million. They are modelling 350% earnings per share growth into 2021. (Analysts’ price target is $467.09)
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Shopify Inc. (SHOP-T)
December 11, 2019
The gift you put into your Christmas stocking. Very expensive trading at a high PE and price to sales. On Q3 their revenues were up 45% and online merchants have exceeded 1 million. They are growing loans to their merchants to over $145 million. They are modelling 350% earnings per share growth into 2021. (Analysts’ price target is $467.09)
BUY
BUY
December 9, 2019
A fantastic company, expanding to become the full-service solution for e-businesses. Their revenue growth has been nosebleed high year after year; you'll never see a cheap valuation. You won't be comfortable buying this, but it will continue to grow strong.
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Shopify Inc. (SHOP-T)
December 9, 2019
A fantastic company, expanding to become the full-service solution for e-businesses. Their revenue growth has been nosebleed high year after year; you'll never see a cheap valuation. You won't be comfortable buying this, but it will continue to grow strong.
BUY
BUY
December 6, 2019
A Canadian tech to buy? SHOP has rebounded back into the mid $450s, he would consider this one.
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Shopify Inc. (SHOP-T)
December 6, 2019
A Canadian tech to buy? SHOP has rebounded back into the mid $450s, he would consider this one.
Kim Bolton

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Price
$479.250
Owned
Unknown
BUY
BUY
December 4, 2019
The momentum is clearly in your favour here. This year it became parabolic, overbought, then consolidated and now is breaking out again in a classic technical pattern. Has support in its 200-day moving average. Momentum is still positive.
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Shopify Inc. (SHOP-T)
December 4, 2019
The momentum is clearly in your favour here. This year it became parabolic, overbought, then consolidated and now is breaking out again in a classic technical pattern. Has support in its 200-day moving average. Momentum is still positive.
Jon Vialoux

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Price
$466.420
Owned
Unknown
COMMENT
COMMENT
December 3, 2019
They did huge business over American Thanksgiving which accounts for the recent spike. But it isn't proven in profitability, so he doesn't own it. Sure, he missed the huge run-up, but will miss the huge drop (if that comes). Are you into speculative stocks or more predictable ones with flatter returns?
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Shopify Inc. (SHOP-T)
December 3, 2019
They did huge business over American Thanksgiving which accounts for the recent spike. But it isn't proven in profitability, so he doesn't own it. Sure, he missed the huge run-up, but will miss the huge drop (if that comes). Are you into speculative stocks or more predictable ones with flatter returns?
DON'T BUY
DON'T BUY
November 26, 2019
It’s been a great growth story. He feels that the valuation multiple is very large and this comes with big expectations. At these levels, he wouldn’t start a position here.
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Shopify Inc. (SHOP-T)
November 26, 2019
It’s been a great growth story. He feels that the valuation multiple is very large and this comes with big expectations. At these levels, he wouldn’t start a position here.
BUY
BUY
November 26, 2019
Off its 52-week highs. He's a big fan, but got stopped out. Pretty hard to take on the incumbent, Amazon. Shopify executing well, relentless R&D. They've become the full one-stop shop. Be careful, as it's a bit more volatile. Has really good runway. Will probably have a powerful December.
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Shopify Inc. (SHOP-T)
November 26, 2019
Off its 52-week highs. He's a big fan, but got stopped out. Pretty hard to take on the incumbent, Amazon. Shopify executing well, relentless R&D. They've become the full one-stop shop. Be careful, as it's a bit more volatile. Has really good runway. Will probably have a powerful December.
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