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Shopify (NASDAQ:SHOP) has outperformed the market over the past 10 years by 30.25% on an annualized basis producing an average annual return of 43.54%. Currently, Shopify has a market capitalization of $160.27 billion.
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JPMorgan’s latest consumer-tech picks highlight AI and digital transformation winners. Here are 4 ETFs offering exposure to the next wave of tech growth.
Read original at benzingaJPMorgan highlights five favorite consumer tech stocks: Shopify, Take-Two, Clear, Xometry and EverQuote, citing AI and long-term growth.
Read original at benzingaRosenblatt analyst Scott Devitt initiates coverage on Shopify (NASDAQ:SHOP) with a Buy rating and announces Price Target of $175.
Read original at benzingaSpaceX completed the largest IPO in history in June at $135, initially surging to $225 before retreating to around $150. Historical analysis of major tech IPOs shows a median 54% peak-to-trough decline in the first year. Based on past patterns, SpaceX stock could trade between $100-$170 over the next 12 months, with the median outcome suggesting a return to the IPO price of $135.
Read original at the-motley-fool