Shopify Inc.

SHOP-T

TSE:SHOP

483.35
4.10 (0.86%)
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
BUY
BUY
December 6, 2019
A Canadian tech to buy? SHOP has rebounded back into the mid $450s, he would consider this one.
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
President and Portfolio Manager, Black Swan Dexteritas
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.
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
Research Analyst, CastleMoore Inc.
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?
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?
David Baskin
President, Baskin Wealth Management
Price
$440.210
Owned
No
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.
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.
Colin Stewart
CEO & Portfolio manager, JC Clark Investments Ltd.
Price
$421.850
Owned
Unknown
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.
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.
Mike S. Newton, CIM FCSI
Director & Portfolio Manager, Scotia Wealth Management
Price
$421.850
Owned
No
DON'T BUY
DON'T BUY
November 21, 2019
Has never held it. Valuation is high. Try entering at the 200-day moving average. They deal in the small to medium space, so will get hit harder in any slowdown. For tech, he usually looks to the US for Visa, Mastercard.
Shopify Inc. (SHOP-T)
November 21, 2019
Has never held it. Valuation is high. Try entering at the 200-day moving average. They deal in the small to medium space, so will get hit harder in any slowdown. For tech, he usually looks to the US for Visa, Mastercard.
Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$421.760
Owned
No
PAST TOP PICK
PAST TOP PICK
November 18, 2019
(A Top Pick Oct 01/19, Up 3%) It's had a strong run this year, but has pulled back since August. It will re-test the bottom of around $400, but he's confident it will rally again. He likes it. But if this shows lower lows, he will reduce exposure.
Shopify Inc. (SHOP-T)
November 18, 2019
(A Top Pick Oct 01/19, Up 3%) It's had a strong run this year, but has pulled back since August. It will re-test the bottom of around $400, but he's confident it will rally again. He likes it. But if this shows lower lows, he will reduce exposure.
Javed Mirza
Technical analyst, Canaccord Genuity
Price
$413.190
Owned
Yes
COMMENT
COMMENT
November 13, 2019
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.
Shopify Inc. (SHOP-T)
November 13, 2019
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 Bolton
President and Portfolio Manager, Black Swan Dexteritas
Price
$404.900
Owned
Yes
DON'T BUY
DON'T BUY
November 12, 2019
Benefits from e-commerce. Nothing wrong with this, but the valuation and stock price are very high. The current pullback amounts to the stock getting ahead of itself. Also, they did an equity issue in mid-September which helped pressure the stock price.
Shopify Inc. (SHOP-T)
November 12, 2019
Benefits from e-commerce. Nothing wrong with this, but the valuation and stock price are very high. The current pullback amounts to the stock getting ahead of itself. Also, they did an equity issue in mid-September which helped pressure the stock price.
Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$401.410
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
November 8, 2019
The stock looks to be finding support here. He would be very cautious. He sold out around $450 from a technical point. He still has half a position though. It was a good day today so he will probably buy back the stocks he sold.
Shopify Inc. (SHOP-T)
November 8, 2019
The stock looks to be finding support here. He would be very cautious. He sold out around $450 from a technical point. He still has half a position though. It was a good day today so he will probably buy back the stocks he sold.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
Price
$376.540
Owned
Yes
DON'T BUY
DON'T BUY
November 7, 2019
Great business, but valuation is extremely high and profits are beyond low. It's an enabler. He wants companies that generate profits. You have to be prepared for the valuation to change dramatically. Too aggressive for him.
Shopify Inc. (SHOP-T)
November 7, 2019
Great business, but valuation is extremely high and profits are beyond low. It's an enabler. He wants companies that generate profits. You have to be prepared for the valuation to change dramatically. Too aggressive for him.
Zachary Curry
Chief Operating Officer & Portfolio Manager, Davis-Rea Ltd.
Price
$388.990
Owned
No
HOLD
HOLD
November 6, 2019
Tech stocks will always have air pockets -- momentum comes and goes. They are part of exchange indexes now, so they will benefit when the market goes up (funds need to buy) and when markets breath they will go down.
Shopify Inc. (SHOP-T)
November 6, 2019
Tech stocks will always have air pockets -- momentum comes and goes. They are part of exchange indexes now, so they will benefit when the market goes up (funds need to buy) and when markets breath they will go down.
Rick Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$389.150
Owned
Unknown
BUY
BUY
November 4, 2019
Initiate a call option for a strike date of April 2020 at a strike price around $340? Likes Shopify. You will pay a lot for the option because the premiums are high, in the top 25%. Shopify has had a good run, though come off recently. Go ahead and do it. It's a speculative move.
Shopify Inc. (SHOP-T)
November 4, 2019
Initiate a call option for a strike date of April 2020 at a strike price around $340? Likes Shopify. You will pay a lot for the option because the premiums are high, in the top 25%. Shopify has had a good run, though come off recently. Go ahead and do it. It's a speculative move.
Richard Croft
President, R.N. Croft Financial Group Inc.
Price
$416.190
Owned
Unknown
TOP PICK
TOP PICK
November 1, 2019
The stock has come down. Software is out of favour with a move towards cyclical tech. They missed on earnings due to one time charges. Revenue growth is slowing that worries investors. However, it's a good time to buy here. They just passed 1M merchants and starting to offer loans to them. Has a very good management team with good growth opportunity.
Shopify Inc. (SHOP-T)
November 1, 2019
The stock has come down. Software is out of favour with a move towards cyclical tech. They missed on earnings due to one time charges. Revenue growth is slowing that worries investors. However, it's a good time to buy here. They just passed 1M merchants and starting to offer loans to them. Has a very good management team with good growth opportunity.
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$413.000
Owned
Yes
DON'T BUY
DON'T BUY
October 28, 2019
It has performed quite well this year but was volatile over the last few years. Expectations are high so you need a big surprise beat or some news that is not priced in for it go up. He would not buy right before the quarter. The issue is that there are so few technology companies in Canada, that institutions HAVE to be in it. See his top picks today.
Shopify Inc. (SHOP-T)
October 28, 2019
It has performed quite well this year but was volatile over the last few years. Expectations are high so you need a big surprise beat or some news that is not priced in for it go up. He would not buy right before the quarter. The issue is that there are so few technology companies in Canada, that institutions HAVE to be in it. See his top picks today.
Bryden Teich
Portfolio Manager, Avenue Investment Management
Price
$414.580
Owned
No
DON'T BUY
DON'T BUY
October 24, 2019

Recent purchase puts it into direct competition with Amazon. Great momentum stock. Valuation is the issue. Trading at over 500x forward earnings, with 45% growth rate. Quite the PEG ratio. Focused on small businesses, so it's super vulnerable in a downturn.

Shopify Inc. (SHOP-T)
October 24, 2019

Recent purchase puts it into direct competition with Amazon. Great momentum stock. Valuation is the issue. Trading at over 500x forward earnings, with 45% growth rate. Quite the PEG ratio. Focused on small businesses, so it's super vulnerable in a downturn.

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$0.000
Owned
No
BUY
BUY
October 18, 2019
He recently sold out of this. Although it has pulled back to the 100 day moving average the long term trend line is holding. He expects the $300 range to hold. He likes their future outlook. A good place to buy here.
Shopify Inc. (SHOP-T)
October 18, 2019
He recently sold out of this. Although it has pulled back to the 100 day moving average the long term trend line is holding. He expects the $300 range to hold. He likes their future outlook. A good place to buy here.
Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$412.160
Owned
No
DON'T BUY
DON'T BUY
October 10, 2019
Sold out because it's harder for a large company to grow revenue, expectations were very high, valuation was high, and the parabolic technical chart. Too much risk. Back in a corrective phase, but it would have to be about half this level for the valuation to make sense to him.
Shopify Inc. (SHOP-T)
October 10, 2019
Sold out because it's harder for a large company to grow revenue, expectations were very high, valuation was high, and the parabolic technical chart. Too much risk. Back in a corrective phase, but it would have to be about half this level for the valuation to make sense to him.
Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$431.240
Owned
No
COMMENT
COMMENT
October 4, 2019
A real Canadian tech growth story and growing in the US. The question is does it have the legs to be a permanently profitable company? At some point investors need to justify the valuations. He thinks they are at the point to show that sustainability in profits. The IPO markets in the US have recently shown rejections for companies that have not demonstrated a sustainable business.
Shopify Inc. (SHOP-T)
October 4, 2019
A real Canadian tech growth story and growing in the US. The question is does it have the legs to be a permanently profitable company? At some point investors need to justify the valuations. He thinks they are at the point to show that sustainability in profits. The IPO markets in the US have recently shown rejections for companies that have not demonstrated a sustainable business.
David Baskin
President, Baskin Wealth Management
Price
$435.530
Owned
No
DON'T BUY
DON'T BUY
October 4, 2019
A tricky stock because they have a great business but the earnings multiple is astronomical. It's a technical growth stock. You're in a very volatile situation. If the market sells off, this will be one of the firsts to sell. It's too expensive.
Shopify Inc. (SHOP-T)
October 4, 2019
A tricky stock because they have a great business but the earnings multiple is astronomical. It's a technical growth stock. You're in a very volatile situation. If the market sells off, this will be one of the firsts to sell. It's too expensive.
David Cockfield
Managing Director, Northland Wealth Management
Price
$435.530
Owned
No
TOP PICK
TOP PICK
October 1, 2019
He added to his holding in the last quarter, still likes the chart. All software has had a correction in the past few weeks, but long-term rgowth stocks will move higher. (Analysts’ price target is $469.90)
Shopify Inc. (SHOP-T)
October 1, 2019
He added to his holding in the last quarter, still likes the chart. All software has had a correction in the past few weeks, but long-term rgowth stocks will move higher. (Analysts’ price target is $469.90)
Javed Mirza
Technical analyst, Canaccord Genuity
Price
$414.160
Owned
Yes
TOP PICK
TOP PICK
October 1, 2019
It stands out because their API and the use of easing that while that API is not restrictive--easy to use, but has many uses by companies of all sizes and types. That's how Shopify flourishes. The current pullback is a great opportunity. (Analysts’ price target is $355.99)
Shopify Inc. (SHOP-T)
October 1, 2019
It stands out because their API and the use of easing that while that API is not restrictive--easy to use, but has many uses by companies of all sizes and types. That's how Shopify flourishes. The current pullback is a great opportunity. (Analysts’ price target is $355.99)
Kim Bolton
President and Portfolio Manager, Black Swan Dexteritas
Price
$414.160
Owned
Yes
COMMENT
COMMENT
September 25, 2019

AMZN vs SHOP? SHOP-T is much more expensive relatively speaking. However, their growth is higher than AMZN-Q. AMZN-Q is probably safer, although it is unclear how they will do in the streaming wars.

Shopify Inc. (SHOP-T)
September 25, 2019

AMZN vs SHOP? SHOP-T is much more expensive relatively speaking. However, their growth is higher than AMZN-Q. AMZN-Q is probably safer, although it is unclear how they will do in the streaming wars.

John Kim
Portfolio Manager, Aston Hill Financial
Price
$417.540
Owned
_N/A
DON'T BUY
DON'T BUY
September 24, 2019
The Canadian darling. But is it too rich? It recently broken its uptrend even though the market hasn't gone down much. A good company, but don't enter it now. Today alone it fell nearly 6%, falling for eight straight days. Volatility will hit this hard.
Shopify Inc. (SHOP-T)
September 24, 2019
The Canadian darling. But is it too rich? It recently broken its uptrend even though the market hasn't gone down much. A good company, but don't enter it now. Today alone it fell nearly 6%, falling for eight straight days. Volatility will hit this hard.
Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$390.720
Owned
Unknown
HOLD
HOLD
September 23, 2019

He bought it at $65, then sold it $170. They're off 20% from their highs. The stock is well ahead of itself. Yes, he may buy them back, but at what price? They could drop 10-20%. He worried about the impact of a recession, but why hasn't a big tech like Amazon bought them? He kicks himself for selling it.

Shopify Inc. (SHOP-T)
September 23, 2019

He bought it at $65, then sold it $170. They're off 20% from their highs. The stock is well ahead of itself. Yes, he may buy them back, but at what price? They could drop 10-20%. He worried about the impact of a recession, but why hasn't a big tech like Amazon bought them? He kicks himself for selling it.

Jason Del Vicario
Portfolio Manager, HollisWealth
Price
$415.500
Owned
No
BUY WEAKNESS
BUY WEAKNESS
September 20, 2019
It’s sold off about 20% but it’s probably a good time to buy. Even though their valuation is very high, they still have a long run way and could continue to grow in the long run.
Shopify Inc. (SHOP-T)
September 20, 2019
It’s sold off about 20% but it’s probably a good time to buy. Even though their valuation is very high, they still have a long run way and could continue to grow in the long run.
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$423.130
Owned
Yes
PARTIAL BUY
PARTIAL BUY
September 12, 2019
He got rid of his in one portfolio and has it in another. It has come back to a holding level. It is trying to turn up against the S&P. This would be a place to scale in, but it is very volatile. $431 is a stop level. Make sure it holds.
Shopify Inc. (SHOP-T)
September 12, 2019
He got rid of his in one portfolio and has it in another. It has come back to a holding level. It is trying to turn up against the S&P. This would be a place to scale in, but it is very volatile. $431 is a stop level. Make sure it holds.
Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$471.100
Owned
Yes
DON'T BUY
DON'T BUY
September 12, 2019
Bit of a pullback. She is keenly aware of valuation of what she buys. Valuation is very high, and hard to calculate it on a stock like this. Too much momentum driven. Wouldn't be a buyer. PEG ratio of 13 is very high even for a growth stock.
Shopify Inc. (SHOP-T)
September 12, 2019
Bit of a pullback. She is keenly aware of valuation of what she buys. Valuation is very high, and hard to calculate it on a stock like this. Too much momentum driven. Wouldn't be a buyer. PEG ratio of 13 is very high even for a growth stock.
Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$471.100
Owned
No
DON'T BUY
DON'T BUY
September 5, 2019

He totally missed it. Fantastic story, but no profits. He couldn't come up with a reasonable valuation. Bad things happen to companies that get the highest market cap but aren't banks, like Blackberry, Nortel, Valiant. He owns Amazon instead. He won't touch this one.

Shopify Inc. (SHOP-T)
September 5, 2019

He totally missed it. Fantastic story, but no profits. He couldn't come up with a reasonable valuation. Bad things happen to companies that get the highest market cap but aren't banks, like Blackberry, Nortel, Valiant. He owns Amazon instead. He won't touch this one.

Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$519.510
Owned
No
BUY WEAKNESS
BUY WEAKNESS
August 28, 2019
He owned it last year and took profit around $400. Their marketcap is now in excess of Bell. If it goes under $450, he would look at it again. A global Canadian based company that has done incredibly well. It has a very high PE ratio (over 600!), so there is room to see the valuation change dramatically.
Shopify Inc. (SHOP-T)
August 28, 2019
He owned it last year and took profit around $400. Their marketcap is now in excess of Bell. If it goes under $450, he would look at it again. A global Canadian based company that has done incredibly well. It has a very high PE ratio (over 600!), so there is room to see the valuation change dramatically.
Kim Bolton
President and Portfolio Manager, Black Swan Dexteritas
Price
$525.630
Owned
No
DON'T BUY
DON'T BUY
August 27, 2019
If a recession hit? Anything valued on a multiple of revenue will suffer in a market downturn. It's had a massive move, trading at 654x--the valuation makes little sense. It's a momentum name. In a recession this will come off hard. However, he wishes he had bought this at $100.
Shopify Inc. (SHOP-T)
August 27, 2019
If a recession hit? Anything valued on a multiple of revenue will suffer in a market downturn. It's had a massive move, trading at 654x--the valuation makes little sense. It's a momentum name. In a recession this will come off hard. However, he wishes he had bought this at $100.
Andrew Pink
Portfolio Manager, LDIC
Price
$541.490
Owned
No
DON'T BUY
DON'T BUY
August 26, 2019
Be careful here. He wouldn't touch it at these prices. No way. It's SO expensive. A great company. PE is around 700x. Only now are they turning profitable. Something like this can fall 50% if they miss earnings.
Shopify Inc. (SHOP-T)
August 26, 2019
Be careful here. He wouldn't touch it at these prices. No way. It's SO expensive. A great company. PE is around 700x. Only now are they turning profitable. Something like this can fall 50% if they miss earnings.
Alex Ruus
Portfolio Manager, Arrow Capital Management
Price
$524.340
Owned
No
BUY
BUY
August 19, 2019

His biggest holding and it's serving him well at a 200% gain. It's gone through some weird consolidating and wild prices. It's the best-performing stock now by many metrics. Though nerve-wracking, you can still buy it now. Yes, it can go down, like in June by 9%. But don't think it'll be the next Google. A buy signal, but you can also sell it now.

Shopify Inc. (SHOP-T)
August 19, 2019

His biggest holding and it's serving him well at a 200% gain. It's gone through some weird consolidating and wild prices. It's the best-performing stock now by many metrics. Though nerve-wracking, you can still buy it now. Yes, it can go down, like in June by 9%. But don't think it'll be the next Google. A buy signal, but you can also sell it now.

Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
Price
$481.620
Owned
Yes
TOP PICK
TOP PICK
August 14, 2019
Q2 was so strong. New investments are paying off and exceeding their own expectations. They are capturing more the economics of e-commerce. He sees 100% EPS growth in 2018-2020 and 83% revenue growth. Yes, it's very pricey now at 289x PE, but they are reinvesting in their business. (Analysts’ price target is $463.68)
Shopify Inc. (SHOP-T)
August 14, 2019
Q2 was so strong. New investments are paying off and exceeding their own expectations. They are capturing more the economics of e-commerce. He sees 100% EPS growth in 2018-2020 and 83% revenue growth. Yes, it's very pricey now at 289x PE, but they are reinvesting in their business. (Analysts’ price target is $463.68)
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$470.070
Owned
Yes
PARTIAL SELL
PARTIAL SELL
August 8, 2019
He'd be taking some money out at this point. Stock's trading way above FMV. Risks in market meltdown are getting high, and a stock like this will get crucified. At least get your costs out.
Shopify Inc. (SHOP-T)
August 8, 2019
He'd be taking some money out at this point. Stock's trading way above FMV. Risks in market meltdown are getting high, and a stock like this will get crucified. At least get your costs out.
Ross Healy
Chairman, Strategic Analysis Corp
Price
$473.100
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
July 29, 2019
A great company for the future. His model price is $30. You are buying in the opportunity to share in growth -- there is no fundamental reason to own this today however. You are paying top dollar for the future growth. He could see a 40% pull back and would consider it then.
Shopify Inc. (SHOP-T)
July 29, 2019
A great company for the future. His model price is $30. You are buying in the opportunity to share in growth -- there is no fundamental reason to own this today however. You are paying top dollar for the future growth. He could see a 40% pull back and would consider it then.
Brian Acker, CA
Chief Executive Officer, President and Chief Inves, Acker Finley Inc.
Price
$420.470
Owned
No
BUY
BUY
July 18, 2019
Likes it. Showing momentum. Numerous drivers to sustain long term growth. Raised guidance on Q1. Bad news is it's trading at 260x 2021 earnings. Expect huge air pockets if they ever start missing. Is there anyone out there who can eat their lunch? Thinks it can double.
Shopify Inc. (SHOP-T)
July 18, 2019
Likes it. Showing momentum. Numerous drivers to sustain long term growth. Raised guidance on Q1. Bad news is it's trading at 260x 2021 earnings. Expect huge air pockets if they ever start missing. Is there anyone out there who can eat their lunch? Thinks it can double.
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$431.430
Owned
Unknown
DON'T BUY
DON'T BUY
July 16, 2019
It's extremely up and that is worrisome-parabolic and overbought. Whenever a stock is 10% above its 200-day moving average then it could correct. If it pulls back 10-15% of its 200-day, then he'd look at it.
Shopify Inc. (SHOP-T)
July 16, 2019
It's extremely up and that is worrisome-parabolic and overbought. Whenever a stock is 10% above its 200-day moving average then it could correct. If it pulls back 10-15% of its 200-day, then he'd look at it.
Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$415.600
Owned
Unknown
SHORT
SHORT
July 15, 2019
Too late to buy it? He is short this and it's calling him. It's a great company with an amazing 30x revenue. This is the next biggest-coming company--but they have to deliver on it. He's been dead wrong on this. However, low interest rates are chasing high-risk companies like this. This is way too expensive. He's seen this movie before.
Shopify Inc. (SHOP-T)
July 15, 2019
Too late to buy it? He is short this and it's calling him. It's a great company with an amazing 30x revenue. This is the next biggest-coming company--but they have to deliver on it. He's been dead wrong on this. However, low interest rates are chasing high-risk companies like this. This is way too expensive. He's seen this movie before.
John Zechner
Chairman, J. Zechner & Assoc
Price
$422.800
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
July 12, 2019
It's gone up so much that it's natural to have a pullback now, down $10 today. He can't see a specific reason, likely profit-taking. It is expensive. He wouldn't buy it now. SHOP needs to pullback to $350 before he steps in.
Shopify Inc. (SHOP-T)
July 12, 2019
It's gone up so much that it's natural to have a pullback now, down $10 today. He can't see a specific reason, likely profit-taking. It is expensive. He wouldn't buy it now. SHOP needs to pullback to $350 before he steps in.
Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$404.060
Owned
No
COMMENT
COMMENT
July 12, 2019
A pullback? Would only pullback if the whole market does, and only to $350.
Shopify Inc. (SHOP-T)
July 12, 2019
A pullback? Would only pullback if the whole market does, and only to $350.
Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$404.060
Owned
Unknown
PARTIAL SELL
PARTIAL SELL
July 11, 2019

Could someone like Amazon take it over? Take some money off the table if you've held this for a while. He sold some shares a year ago, but continues to blaze higher. But its valuation is in nosebleed territory. He doubts that the lead shareholder will allow SHOP to be sold. Amazon is a candidate, possibly, but he doesn't feel it will happen.

Shopify Inc. (SHOP-T)
July 11, 2019

Could someone like Amazon take it over? Take some money off the table if you've held this for a while. He sold some shares a year ago, but continues to blaze higher. But its valuation is in nosebleed territory. He doubts that the lead shareholder will allow SHOP to be sold. Amazon is a candidate, possibly, but he doesn't feel it will happen.

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$411.210
Owned
Yes
DON'T BUY
DON'T BUY
July 11, 2019
Not wrong if it reminds you of the .com era of 1999. FMV is 5% of the current price. Tremendous amount of momentum, but follow through hasn't been there. If there's a downturn, stocks like this will have a huge decline.
Shopify Inc. (SHOP-T)
July 11, 2019
Not wrong if it reminds you of the .com era of 1999. FMV is 5% of the current price. Tremendous amount of momentum, but follow through hasn't been there. If there's a downturn, stocks like this will have a huge decline.
Ross Healy
Chairman, Strategic Analysis Corp
Price
$411.210
Owned
Unknown
SELL
SELL
July 9, 2019

He wants to own nothing to takes on Amazon. But their chart is spectacular though. He'd sell this now, if they are going against Amazon. Stay in your weight class. If they do, he'd hold onto this.

He wants to own nothing to takes on Amazon. But their chart is spectacular though. He'd sell this now, if they are going against Amazon. Stay in your weight class. If they do, he'd hold onto this.

Elliott Fishman
Director of U.S. and international equity trading, Trading Services Group, Scotia Wealth
Price
$422.740
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
June 27, 2019

(A Top Pick Jul 18/18, Up 74%) He would stay with it. Online retailing will continue to grow. AMZN-Q is pushing some of the smaller and medium sized resellers off their platform and SHOP-T is stepping up. It is a growing pie and they have continued to deliver.

Shopify Inc. (SHOP-T)
June 27, 2019

(A Top Pick Jul 18/18, Up 74%) He would stay with it. Online retailing will continue to grow. AMZN-Q is pushing some of the smaller and medium sized resellers off their platform and SHOP-T is stepping up. It is a growing pie and they have continued to deliver.

David Burrows
President & Chief Investment Strategist, Barometer Capital Management
Price
$394.660
Owned
Yes
HOLD
HOLD
June 27, 2019
If you're a young investor, this is the place to be. Two downgrades, and so the stock has corrected. Today is not the time to enter a new position. Don't sell it now. Second best performer on the TSX.
Shopify Inc. (SHOP-T)
June 27, 2019
If you're a young investor, this is the place to be. Two downgrades, and so the stock has corrected. Today is not the time to enter a new position. Don't sell it now. Second best performer on the TSX.
Veronika Hirsch
Chief Investment Officer, Arrow Capital
Price
$394.660
Owned
Yes
DON'T BUY
DON'T BUY
June 21, 2019

It's had an enormous run to levels he didn't imagine. Companies that have a good growth trajectory and story garner a huge multiple because there are so few of these stories in Canada. He wouldn't buy it now. By comparison, Amazon looks reasonable at 40-50x PE vs. Shopify which is in the 200s or 300s or higher.

Shopify Inc. (SHOP-T)
June 21, 2019