1 Growth Stock Down 35% to Buy Right Now

Shopify (NYSE: SHOP) stock has likely impressed its shareholders with a nearly 60% gain over the last year. Such gains might even make investors forget that its current price is still 35% below the stock's peak in November 2021.Nonetheless, a greater focus on its software business and the continuing growth of e-commerce have got the company back on track. Hence, the stock could continue to benefit investors amid its recovery.Throughout its history, Shopify has stood out among e-commerce platforms. Its ability for no-code site development and the flexibility to customize websites drew entrepreneurs to Shopify, and the company's emphasis on website speeds reduced the possibility that website issues would hamper sales for its customers.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool