Shopify Inc.

SHOP-T

TSE:SHOP

508.43
18.82 (3.84%)
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
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
Showing 31 to 45 of 309 entries