Shopify (TSX:SHOP): Why I Finally Bought the Dip

Shopify (TSX:SHOP): Why I Finally Bought the Dip

Shopify (TSX:SHOP)(NYSE:SHOP) is a stock I have a long history with. I began covering it back when I started writing for the Motley Fool in 2018. At the time, I thought it was a pretty good growth stock, and my articles on it usually had a positive tone. I continued writing bullish articles about the stock for years, but I never actually bought it. Eventually, it occurred to me that I knew this stock was good, but I missed its run up to $2,000 anyway. Flash forward to Monday of this week. Tech stocks were selling off hard, and Shopify was no exception. Dipping as low as $1,375, it fell 37% from its all-time high. Smelling an opportunity, I jumped in and grabbed a share. Shopify is somewhat of an …
More on: www.fool.ca