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  5. META: My question is on SHOP. [Meta Platforms Inc.]
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Q: My question is on SHOP. We saw META drop from $493 to $414 because of a bad report. But being the powerhouse, loved stock that it is, it has come back to nearly where it dropped from.
Can SHOP do the same since it is also a darling?

thanks
Asked by Herm on May 10, 2024
5i Research Answer:

SHOP has seen massive declines before, and has recovered. We are not so sure SHOP can recover as fast as META did, because META benefited from the AI craze at the same time as its fundamental recovery. But certainly we believe SHOP remains a very strong growth story overall. 

Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in META.

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