From NASDAQ.: 2024-07-27 18:45:00

Amazon has been a top-performing stock, turning $10,000 into over $20 million since 1997. Shopify, an e-commerce software company, is seen as a promising growth candidate, with its stock increasing by 2000% since 2015. Shopify focuses on helping merchants succeed with easy-to-use software tools, enjoying strong revenue growth of over 6700% to $7.06 billion in 2023. The company’s future opportunities lie in deepening its e-commerce penetration and expanding into brick-and-mortar and global commerce. While Shopify isn’t expected to be the next Amazon, it has the potential for long-term growth and success in the e-commerce sector.

Source: https://www.fool.com/investing/stock-market/basics/revenue-vs-profit/?utm_source=nasdaq&utm_medium=feed&utm_campaign=article&referring_guid=7c75d05a-8f75-41be-be0b-63547dbfdff9



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