Shopify (SHOP) Stock Could Trade At A Premium As Shopify Plus Wins Grow

Shopify has seen its share price move sharply at different points over the past few years, which puts a spotlight on whether the cash the business can generate really lines up with today's valuation. With the stock now reflecting a long run of enthusiasm around ecommerce and software, the question is how firmly that market value is rooted in the company’s underlying cash flows. Over the past 3 years, Shopify has delivered a share price return of about 260%, so a lot of future cash generation...