Shopify has been one of the best stocks on the market over the last five years, up roughly 3,000% as the platform brilliantly differentiated itself and become the first name in small-business e-commerce!
The company enjoys a dominant market-leading position and its capital-light, highly scalable business model has previously helped it deliver consistently high sales, with amazing 70% margins, and rising shareholder returns.
In 2019 it returned a whopping £150m+ to shareholders in dividends and buybacks!
Here's the thing!
With the exponential rise in e-commerce and the ensuing rise in new e-commerce stores coming to market around the world, Shopify is positioned in exactly the right place, at the right time!
How Shopify Became the Leader in E-Commerce Software
https://www.fool.com/investing/2021/10/20/how-shopify-became-the-leader-in-e-commerce-softwa/