Shopify Inc. (NASDAQ:TRADE) is one of the stocks Jim Cramer shared his thoughts on while discussing Big Tech’s AI spending. Cramer called the company “the envy of many companies,” he said.
Or how about Shopify? I just interviewed Harley Finkelstein, the president… yesterday. If you are a small or medium-sized business, Shopify allows you to compete with the online heavyweights. An economy that is full of Gen Z scammers or small businesses looking to be big relies heavily on Shopify fulfillment. The company just reported excellent revenue growth of 34%, but predicted future growth would slow to the low 20s.
Additionally, shares have plummeted from $182 in October to $127 on Monday, and then to $105 as of today, after they sold off in response to the earnings. Wow, look at that trajectory. But Shopify is the same great company, the first choice for so many startups that will inherit the earth. You don’t want to buy this when it’s up and running, when its sales are strong and everyone thinks the stock is headed for the moon. You want to buy it when the stock is cold, but business is still very good. It is now risk-free and remains the envy of many companies, including several that have attempted to acquire it.
Photo by Roberto Cortese on Unsplash
Shopify Inc. (NASDAQ:SHOP) provides a commerce platform that helps businesses manage products, orders, payments, and customer relationships.
While we recognize SHOP’s potential as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.
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