Q: Wondering what SHOP:Ca is going to be doing. It seems to be going sideways the last few months. Was thinking about selling. Sure would appreciate your input about it.
Thank You , appreciate your good work.
Thank You , appreciate your good work.
5i Research Answer:
SHOP is up 14% in the past three months, so we are not so sure we would call it lagging. It had a strong Q2, gaining market share even as consumers were hesitant. It is not cheap, but good earnings growth is expected, and if the market 'runs' with lower rates it should certainly participate. We would still consider it a solid growth stock and would not consider it a SELL.