Motley Fool Explorer #1 stock for 2017?
by wheelock | February 10, 2017 11:41 am
I know the four finalists were BOFI, SHOP, ALGN, ISRG but I never heard which was picked as the #1. Does anyone know?
Source URL: https://www.stockgumshoe.com/2017/02/microblog-motley-fool-explorer-1-stock-for-2017/
Well I like (SHOP) Shofiy, after Newsletter:
Rule Breakers
Stock:
Shopify (SHOP)
Travis’ take:
David Gardner at the Motley Fool has made his name by picking growth stocks early and holding them through thick and thin, which made him a fortune in Amazon, Priceline and Netflix but certainly doesn’t work for every one of his picks. SHOP has some of that potential, given its small size and scalable business (providing easy multichannel e-commerce services for stores of any size), and it’s growing revenue very fast (more than 50% a year), so there’s some growth story here that some of you will find enticing but it could easily be a very volatile ride (I have a small position in speculative SHOP call options, April $60 contracts), and also finally added a small bite of Amazon to my portfolio despite years of misgivings. I picked up a 100 shares last week.
SHOP the next Amazon