3 Reasons to Buy Shopify Stock
Investors found many good reasons to like Shopify (NYSE: SHOP) in recent weeks. The e-commerce platform specialist reported solid operating results to start fiscal 2023, and its earnings prospects have improved with its pivot away from the costly shipping-logistics business. Wall Street's attention focused on Shopify's strategic pivot away from the logistics business, mainly because this move is likely to accelerate the company's return to profitability.