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Buy Shopify stock because it can compete with Amazon, analyst says



Shopyy's large customer base of e-commerce dealers can give industry leader Amazon.com a run for their money, according to KeyBanc Capital Markets.

background. The Shopify share (ticker: SHOP) has risen almost 130% year as investors grow more optimistic about the e-commerce infrastructure platform, services and tools. The company uses cloud computing to provide better reliability, lower costs and scalability to more than 820,000 merchant customers, and generate revenue through a combination of monthly …


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