Earnings Estimates Moving Higher for Shopify (SHOP): Time to Buy?

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Despite good earnings the stock is still going down. Shopify (SHOP) is seeing positive earnings estimate revisions suggesting that it could be a solid choice for investors. Many think that this may be a good time to buy SHOP stock however we think that with the market moving in the way that it is it may be a good time to be more cautious in the market place.

Always remember that when everyone else is being greedy and thinking the market will go up forever. We are thinking the opposite and knowing that the market could crash at any moment.

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