Investors looking for a great value stock should stop and take a look at Shopify (SHOP).
Shopify Inc. (SHOP) stock jumped more than 2% on Monday to fresh 52-week highs as it continues to rally following its breakout from its price channel earlier this month. While the company continues to execute from a fundamental standpoint, the stock is approaching overbought levels following its breakout and could see some near-term consolidation over the coming weeks as traders lock in profits.
Investopedia just published a short article on where the company is going and why it should keep winning down the line. To find out more information about the stock, go to investopedia.com.
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