Good MorningEquity markets continued the rebound in the prior week as hopes for a Fed rate cut were restored. A hotter-than-expected reading of initial jobless claims is to blame, but there is a caveat. A hotter-than-expected reading does not mean a hot read and the data is not hot. Jobless claims ticked up for the week in a seasonally expected move and remain within a healthy range. The FOMC is not likely to cut rates because of this data.
The week ahead brings many risks. The primary are inflation data and earnings from the retail sector. The inflation data is expected to moderate from the prior month but not enough to open the door for rate cuts this summer. At best, the data will cool enough to keep the FOMC on track for cuts this year but later in Q3. The risk is that inflation will not cool and reinvigorate fears the FOMC won't cut until next year. The bottom line is that this manic market is focused on every detail that may affect the Fed decision, and volatility is the only guarantee. Featured: Elon’s New A.I. Device is About to Shock the World (InvestorPlace) 
|
Markets | | | Savvy stock investors often look for bargains using the Relative Strength Index (RSI). This technical tool evaluates a stock's performance over the last 14 days and assigns a value from 0 to 100. Compared to many other technical indicators out there, the RSI is easy to read: anything above 70 sugges... Read the Full Story |
|
From Our PartnersThe man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%...
Is now exposing a 10-cent coin that just partnered with Amazon… | | | | Click For My #1 FREE Crypto for 2024 |
|
Tech | | | Unity Software (NYSE: U) develops and distributes a platform for creating and operating interactive, real-time 3D content. The company released its first quarter 2024 earnings report, which provided valuable insights into Unity Software’s financial performance and strategic direction. As ... Read the Full Story |
|
Markets | | |
The first quarter has ended, which means earnings season has arrived, and investors are eager to see results. What’s earnings season? Unlike football season, you won’t need to upgrade your cable package or clean the grill. However, you will want to learn how to digest earnings reports ... Read the Full Story |
|
From Our PartnersObama’s Forever Term [Exposed] or Obama Biden has already won 2024
Exposed: the shocking election plot that will forever enshrine Obama’s destructive, Marxist vision for America… A plot that could hand him and his allies near-total control over the government, your way of life, and your future. | | | | Click here to watch this now before it’s too late. |
|
Markets | | | Asian shares were mixed in muted trading Tuesday after U.S. stock indexes were little changed ahead of the release of inflation data. Japan's benchmark Nikkei 225 lost early gains and was trading less than 0.1% higher at 38,194.38. Australia's S&P/ASX 200 slipped 0.2% to 7,731.40. South Korea's ... Read the Full Story |
|
Markets | | |
JFrog (NASDAQ: FROG) is a small DevOps platform shaking up an industry projected to grow at a 20% CAGR for the next five years. Its Enterprise+ package provides an end-to-end software supply chain that resonates with users, which is important in today's world of accelerating digital usage and AI. ... Read the Full Story |
|
From Our PartnersOn November 16, 2023…
Joe Biden accidentally revealed the name of the candidate…
Who will replace him in the 2024 presidential election. | | | | See who it is HERE. |
|
Markets | | |
A bad week continues to get worse for Evolv Technologies Holdings Inc. (NASDAQ: EVLV). The AI-based weapons detection company's stock was subject to a limit up, limit down (LULD) pause after dropping over 30% in early morning trading on May 10. The sell-off stemmed from a class-action lawsuit agai... Read the Full Story |
|
Markets | | | James “Jim” Simons, a renowned mathematician and pioneering investor who built a fortune on Wall Street and then became one of the nation's biggest philanthropists, has died at age 86.The charitable foundation that Simons co-founded with his wife, Marilyn, announced that Simons died Friday in New Yo... Read the Full Story |
|
Markets | | | SoftBank Group trimmed its losses for the fiscal year through March to about a quarter of the red ink it racked up a year earlier, as its investment losses declined, the Japanese technology company said Monday. Annual sales at Tokyo-based SoftBank Group Corp. rose 2.8% to 6.76 trillion yen ($43 bill... Read the Full Story |
|
Markets | | | New York’s legal cannabis market has been hampered by inexperienced leaders who treated the agency like a “mission-driven” startup rather than a government office, according to an internal review released Friday.The report detailed several problems at the state Office of Cannabis Management, includi... Read the Full Story |
|
Markets | | | New York’s legal cannabis market has been hampered by inexperienced leaders who treated the state licensing agency like a “mission-driven” startup rather than a government office, according to an internal review Read the Full Story |
|
Monday's Early Bird Stock Of The Day Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada. | Should I Buy Shopify Stock? SHOP Bull and Bear Case Explained
These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Shopify was last updated on Monday, February 17, 2025 at 10:27 PM.
Shopify Bull Case -
Shopify Inc. has a strong market capitalization of $165.85 billion, indicating a robust position in the market and potential for growth.
-
The stock is currently trading at $128.36, which is close to its 12-month high of $128.57, suggesting strong investor confidence and momentum.
-
With a price-to-earnings (P/E) ratio of 119.96, while high, it reflects the market's expectations for future growth, which could lead to significant returns if the company meets or exceeds these expectations.
-
The company has a very low debt-to-equity ratio of 0.09, indicating that it is not heavily reliant on debt for financing, which can be a sign of financial stability.
-
Shopify Inc. has a quick ratio and current ratio of 7.10, demonstrating strong liquidity and the ability to cover short-term obligations, which is attractive to investors looking for financial health.
Shopify Bear Case -
The stock has a high beta of 2.47, indicating that it is more volatile than the market, which could lead to larger price swings and increased risk for investors.
-
Shopify Inc. reported earnings per share of $0.34, missing the consensus estimate of $0.44, which may raise concerns about its profitability and ability to meet market expectations.
-
The PEG ratio of 2.49 suggests that the stock may be overvalued relative to its growth rate, which could deter value-focused investors.
-
Recent trading volume of 8,508,068 shares exceeded the average volume of 6,434,349, which could indicate speculative trading rather than solid investment interest.
-
With 69.27% of the stock owned by institutional investors, there may be less room for retail investors to influence the stock price, potentially leading to less favorable conditions for individual investors.
| | View Today's Stock Pick |
|
