Financial Education on $SHOP (Nov 4, 2026)
SHOP is a bullish long-term holding, his sixth-largest position at ~7%; he calls it the most undervalued company over $100B. Latest quarter was Grade A: revenue +32%, operating income +66%, though total profit +28% on a slight cost issue; Q4 revenue growth is guided below 30%, but he still sees a great company deserving more attention.
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Next, let's move on to a bonus stock. The most undervalued stock I've ever seen with a market cap of over $100 billion , which no one talks about. Well, listen first. If I take you back to 2019 to 2021, this stock was actually one of the most talked about tech stocks.
In fact, there was a lot of talk about this stock in 2019 because their growth rate was huge. Then Corona came in 2020 and the company's growth reached another height, and at that time they were at the center of many things.
So people saw this stock as the ultimate stock and it continued until 2021. People were so crazy about this company , it was unbelievable because it was so popular and talked about, and then it was all over.
Now the question is, why did it end? Well, it happened. The stock fell 85% from its 2021 high to its 2022 low, 85%. The stock was completely destroyed. And when the price of a stock drops like this, many people don't bother with it anymore.
They stopped discussing it. And it completely fades into oblivion. Meanwhile, this company has been showing excellent results for years. And since that bottom in 2022, the stock has risen nearly 500%.
Isn't that right ? And basically, it's now back near its old all-time high. Isn't that right ? So, if you bought the stock during the coronavirus pandemic or when its price was at its peak in 2021, you might think, "This stock is awful."
But, if you had bought the stock in 2022, 2023, or even 2024, you would have made a lot of money on it. A lot of money. And this stock is Shopify.
Shopify. Shopify. Shopify. Shopify. This is my sixth largest position in my Patreon portfolio. So, if you're a member of my Patreon, you know about Shopify, right? In sixth position, with a weighting of about 7%. I am 131% profit on this stock.
They just released their earnings report yesterday. Grade A revenue increased by 32%. How many companies are there that you can count on to grow revenue by more than 30%? This company is amazing.
For now, they had a slight cost problem. Therefore, total profit increased by only 28% compared to the previous year. But then the operating expenses, they've actually kept a lot of things under control.
Therefore, total operating expenses increased by only 16%. Isn't that right? The company's operating income increased by 66% compared to the previous year. Net income increased by 75% and net income excluding the impact of equity investments increased by 59%. This is a great Grade A result for Shopify.
But you know what else happened? Their guidance for the fourth quarter has arrived. Revenue will increase by less than 30 percent compared to the previous year. What a powerful company.
So, like I said, there's no more fuss about it now. It's not talked about much, but it's a great company that shows extraordinary results every year. And I think it deserves more attention, do you agree?