Is Shopify a Buy?

Is Shopify a Buy?

While small and medium-sized businesses (SMBs) have difficulty competing against commerce powerhouses like Amazon and Walmart, companies like Shopify (NYSE: SHOP) have been helping them compete. After the pandemic began in 2020, Shopify saw a huge boom as every business -- big and small -- rushed to establish an online presence. Now that this wave is over, Shopify's business model has switched.