Back in 2016, MyWallSt pitched Shopify, the newly listed Canadian e-commerce player targeting the SMB market. Since then, Shopify has grown by 2,600% (a 26X bagger). However, it hasn’t been a straight road—who can forget the 2021 sell-off that saw the stock drop almost 80%?

But no fear, this potential Amazon killer has returned stronger than ever.

Tune in as Mike and Emmet break down the attributes that made and make Shopify a great investment, including its unique founding story, strategic pivots, and impressive financials. It’s also a great case study for investors hunting for the next 10X stock.

For more 10X resources, check out our previous episode, “How to Find 10X Stocks”.

Spotify: https://open.spotify.com/episode/7ftVfcXJ5NRCpHznskMscb?si=lYFApgRdQ5CEsAOzfYN3DA

Apple Podcasts: https://podcasts.apple.com/us/podcast/stock-club/id1358756008?i=1000679322917

Youtube: https://youtu.be/5BYk3bF5FHM

If you’ve ever wanted to follow along with one of the world’s most successful long-term investors, now is the time. Horizon follows Emmet’s journey to uncover the next 100-bagger based on his decades of investing experience. If you’d like to read about his latest stock pick and a dozen other incredible investments, sign up for Horizon.

We have an exclusive offer for our podcast listeners, to grab it, email us at [email protected]

Don’t wait.

[email protected]

Become a successful investor by checking out all the content MyWallSt has to offer:

📩 Email us: [email protected]

📚 Learn the fundamentals of investing by downloading our free Learn app: https://bit.ly/3DXPOz7

💻 Keep updated on stock market news by visiting our blog: https://mywallst.com/blog/

🎧 Tune in to our podcast Stock Club to stay updated on weekly news: https://mywallst.com/stock-investment-podcast/

🎉 Follow MyWallSt on social:

🐦 Twitter: @MyWallStHQ

💃 TikTok: @MyWallSt

📸 Instagram: @MyWallSt

🖥️ Facebook: @MyWallSt

👔 LinkedIn: MyWallSt

00:00 Intro

04:19 Discussing Shopify’s Rise

15:37 Shopify's Unique Founding Story and Fast Rise

31:42 Expanding Total Addressable Market

37:31 The Power of Compounding

45:20 Shopify's Current Financial Overview

Hosted on Acast. See acast.com/privacy for more information.