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The e-commerce market is set to triple by 2030, and Shopify (SHOP) is a top contender to capture a good chunk of this growth. The company’s strength was on full display at the second quarter’s earnings report, registering a 31% year-over-year (YoY) sales growth. Will this continue at the next earnings report on Nov. 4?
The company has only missed consensus estimates once in the last nine quarterly meetings. That strength is likely to continue.