Is it too late to buy growth stock Shopify after its 25% pop?

Shopify's stock has been on a tear lately, rising over 25% in the past month.

This has led some investors to wonder if it's too late to buy the stock. After all, it's already had a big run-up.

However, there are a number of reasons to believe that Shopify still has room to run.

The company is a leader in the e-commerce space, and it's continuing to grow rapidly. In fact, Shopify's revenue grew by 57% in 2021. Additionally, the company is profitable, and it has a strong balance sheet.

Of course, there are some risks to consider before investing in Shopify.

The company's stock is still relatively expensive, and it's possible that it could experience a pullback in the future. Additionally, the e-commerce space is competitive, and Shopify faces competition from a number of large companies.

Overall, Shopify is a strong company with a lot of potential.

However, investors should be aware of the risks before investing in the stock. If you're comfortable with the risks, then Shopify could be a good investment for you.

Here are some of the key reasons why Shopify is still a good investment:

• The company is a leader in the e-commerce space.
• Shopify is continuing to grow rapidly.
• The company is profitable.
• Shopify has a strong balance sheet.

Here are some of the risks to consider before investing in Shopify:

• The company's stock is still relatively expensive.
• Shopify could experience a pullback in the future.
• The e-commerce space is competitive.

Conclusion

Shopify is a strong company with a lot of potential. However, investors should be aware of the risks before investing in the stock. If you're comfortable with the risks, then Shopify could be a good investment for you.