Is Shopify Inc. (NYSE:SHOP) the Best Tech Stock to Buy for the Rest of 2024? [Yahoo! Finance]
Shopify Inc. Class A Subordinate Voting Shares (SHOP)
Last shopify inc. class a subordinate voting shares earnings: 2/12 07:00 am
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Source: Yahoo! Finance
Analysts at BofA Securities recently published a list of “best of breed” stocks for the third quarter of 2024, which they believe are the top choices for investors on the back of their high quality, liquidity, earnings growth and margin upside when compared with peers. BofA's “best of breed” basket of stocks has reportedly outperformed the MSCI All Country World Index (NASDAQ:ACWI) by 584 basis points, and returned a whopping 470% since its inception in April 2010. Bank of America analyst Michael Hartnett thinks these best of breed companies have strong balance sheets, cash flow and high EPS growth as well as competent management. Hartnett believes these companies generate the “best relative returns” in the long term and can protect investors against short-term volatility. For this article we scanned BofA's best of breed basket of stocks and picked 10 companies with the highest number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The rea
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SHOP
News
- Shopify (SHOP) Rises Higher Than Market: Key Facts [Yahoo! Finance]Yahoo! Finance
- Shopify Inc. (NYSE: SHOP) had its price target raised by analysts at Citigroup Inc. from $95.00 to $96.00. They now have a "buy" rating on the stock.MarketBeat
- Wednesday's analyst upgrades and downgrades for June 26, 2024 [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Stop it with the class-war rhetoric to sell a capital-gains tax hike [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Shopify beefs up AI offerings with new products meant to boost merchants' sales [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
SHOP
Earnings
- 5/8/24 - Beat
SHOP
Sec Filings
- 6/21/24 - Form 144
- 6/21/24 - Form 144
- 6/21/24 - Form 144
- SHOP's page on the SEC website