Shopify (SHOP) Stock Looks Above Fair Value On Cash Flow And Earnings

Shopify has delivered a strong 112.3% gain over the past three years, while current valuation checks point to the stock trading at a premium to what its cash flows and market multiples suggest. A 112.3% share price gain over three years means recent investors have already seen substantial value created, which raises the bar for further upside from here. The expanded partnership with Affirm through Shop Pay Installments in Australia can support expectations for ongoing commerce volume growth...