Shopify outlook


Bought into Shopify at its peak in 2021. Portfolio is 100% SHOP.TO. Around ~$
160. Today it’s $109. 33% down.

As a business, it seems to have decent fundamentals and has been on a steady road to recovery but I feel I’m burning time making no returns and no dividends.

It seems ludicrous to buy high and sell low, but is there any sense it ditching this stock and buying a wider portfolio of better potential growth stocks and ETFs? Before the SHOP purchase, I had a more diverse portfolio and managed good growth over 10+ years. Appreciate any insights. Thanks.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *