Is Shopify Finally Cheap?

Life after lockdown doesn’t look so bad.

Andrew Willis 14 March, 2022 | 4:48AM
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Andrew Willis: Restrictions are lifting, and it looks like we’re returning to markets and shopping malls. Does that mean a drop in online shopping?

Probably not in the long term. Senior equity analyst Dan Romanoff remains bullish on e-commerce – and it may look different… In a good way for Shopify (SHOP). Over the pandemic, Amazon dominated with its distribution network, but now – while Shopify is retooling for the next evolution in e-commerce – investors are selling recent results.

What happens when the buildout of Shopify’s fulfillment network is complete, and the ‘shop for the people’, gives their small merchants big shipping power? Senior equity analyst Dan Romanoff says it’s likely to gain significant traction and deliver results, over the next decade…

For Morningstar, I’m Andrew Willis.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Shopify Inc Registered Shs -A- Subord Vtg92.94 CAD4.56Rating

About Author

Andrew Willis

Andrew Willis  is Senior Editor at Follow him on Twitter @AndrewWillisCDN.


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