Shopify is among the 'most misunderstood' stocks: Investor - BNN Bloomberg

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Equity markets are broadly failing to understand Shopify’s potential for growth, according to one investment professional.

“We believe Shopify is one of the most misunderstood stories in the market today,” Ivana Delevska, the founder and chief investment officer at Spear Invest, said in a television interview with BNN Bloomberg Friday.

“But what they [Shopify] really are is the operating system of retailers. They just announced a new product yesterday targeting large enterprises, so they can basically make the processes of retailers more efficient with their technology,” Delevska said. “We believe that [the new product] is going to be [the] core of productivity improvement and upside going forward,” Delevska said.

 

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