David gardner new pick of rule breakers
You're referring to David Gardner's latest "Rule Breaker" stock pick!
For those who may not know, David Gardner is the co-founder of The Motley Fool, a financial services company that provides investment advice and analysis. His "Rule Breaker" investment strategy focuses on identifying companies that are breaking traditional rules and conventions in their industries, often leading to significant growth and returns.
As of my knowledge cutoff, David Gardner's latest "Rule Breaker" pick is:
Shopify (SHOP)
Gardner has been a long-time fan of Shopify, a Canadian e-commerce company that provides businesses with an online platform to design, set up, and manage their stores. He believes that Shopify is well-positioned to continue its growth trajectory, driven by the increasing shift towards online shopping and the company's expanding product offerings.
Some of the reasons why Gardner likes Shopify include:
- Growing demand for e-commerce solutions: As more consumers turn to online shopping, Shopify is well-positioned to benefit from this trend.
- Diversifying product offerings: Shopify has expanded its product suite beyond just e-commerce platforms, offering services like point-of-sale systems, shipping integrations, and more.
- Strong financials: Shopify has consistently delivered strong financial results, with revenue growth exceeding 50% year-over-year in recent quarters.
- Competitive advantage: Shopify's platform is highly scalable, and its large user base provides a significant moat against competitors.
Of course, as with any investment, there are risks involved. It's essential to do your own research and consider your own risk tolerance before making any investment decisions.
Would you like to know more about Shopify or David Gardner's investment philosophy?