Motley Fool Money Shopify’s Comeback Story
5 snips
Nov 12, 2024 
In this discussion, guest Jim Gillies, an investment analyst at The Motley Fool with a focus on Canadian tech, shares insights on Shopify’s impressive financial turnaround. He highlights how growth can overshadow past valuation concerns, leading to investor optimism. The conversation also touches on Autoliv's robust cash flow strategies and its appeal for long-term investors. Additionally, the hosts analyze current market trends, drawing parallels to the late 2021 growth craze and sharing strategic insights for portfolio management.
AI Snips
Chapters
Transcript
Episode notes
Shopify's Journey
- Jim Gillies bought Shopify at under $4 Canadian.
- At its peak, Shopify traded at 70x sales, but even now, it's only down 30% from that peak.
Growth Forgives Sins
- Growth can forgive valuation sins, especially in companies like Shopify.
- Focus on growth potential when evaluating early-stage companies.
Evaluating Shopify
- Watch gross merchandise volume (GMV), revenue, and cash flow for Shopify.
- Buy in thirds and be aware of valuation, especially for growth stocks.