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Barchart
Barchart
Mark R. Hake, CFA

Shopify Stock is a Bargain - How to Make a 3.2% One-Month Yield with SHOP

SHOP Shopify Barchart Amazon.com Inc. Stock Analysis

Shopify Inc. (SHOP) stock looks like a bargain as the company is generating high free cash flow margins. Moreover, analysts are predicting higher sales over the next 12 months (NTM). That could push the value of SHOP stock up by 21.9% to $136.66. 

In addition, shorting one-month out SHOP put options at 10% lower strike prices can give a 3.2% monthly yield. More on that below, but first let's see why SHOP stock looks cheap.

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