Shopify Inc. (SHOP) recognized as a top long-term investment despite market volatility

From Yahoo Finance: 2025-05-04 17:31:00

In a recent article, we identified the 12 best stocks to buy and hold for 10 years, including Shopify Inc. (NASDAQ:SHOP). When the stock market dips, investors often consider “buying the dip” to capitalize on lower prices, but experts recommend sticking to long-term investment plans. Financial advisors caution against trying to time the market and suggest a rules-based approach focused on long-term goals. Research shows that trying to buy at the absolute bottom is nearly impossible, so investors may benefit from dollar-cost averaging. Ultimately, staying focused on long-term goals is crucial during market volatility and uncertainty. Shopify Inc. (SHOP) remains a top contender on the list of best stocks to buy and hold for the long term, despite potential growth challenges due to new tariffs and trade measures. RBC Capital Markets reduced its price target on SHOP but maintains an “Outperform” rating, citing the company as a compelling long-term investment. While SHOP offers promise, some AI stocks may provide greater returns in a shorter time frame. Investors looking for an AI stock with potential for high returns at a discounted price should explore further options.



Read more at Yahoo Finance: Is Shopify Inc. (SHOP) The Best Stock to Buy and Hold For 10 Years?