Trading around or near the time of a company’s quarterly earnings can be daunting, since volatility is usually near the top of the range during the days leading up to and right after the announcements are made. However, some swings take place during this short period, giving investors the rare opportunity to get behind a significant move, one that carries a favorable risk-to-reward setup to be taken advantage of.
[content-module:CompanyOverview|NYSE:SHOP]That being said, there is one such opportunity in shares of Shopify Inc. (NYSE: SHOP), especially now that the company is subject to scrutiny and uncertainty driven by President Trump's recent rollout of trade tariffs. These tariffs severely affected the business and its ability to continue dealing with Chinese items and their shipment in and out of the United States.
