Shopify earnings preview from Waterloo, Canada
We are talking about Shopify (SHOP)
We are in front of their Waterloo office in Canada.
They also have offices in Ottawa, Toronto, Montreal and San
If a business wants to do e-commerce, Shopify is the #1 choice
Over 400,000 online stores in 175 countries use Shopify!
Shopify is currently $89 a share.
History has shown us that when a stock hits $80, it almost
always hits $100
Shopify reports earnings the 1st week of August
It’s beaten earnings the past 8 quarters
It beats EPS estimates by 60% on average
The stock goes up by 10% on average after earnings.
We’re long the January $85 calls
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