Cramer on Shopify (SHOP): "I Wouldn't Move a Share"

We recently published a list of Top 10 Buzzing Stocks You Should Watch Today. In this article, we are going to take a look at where Shopify Inc. (NASDAQ:SHOP) stands against other top buzzing stocks you should watch today.

Jim Cramer in a recent program on CNBC expressed surprise that the Republican administration could be this damaging to shareholders

“These are hideous depressing days for the bulls. I’m not used to seeing a White House that doesn’t seem to care that it’s causing the decline. It’s dazzlingly counterintuitive to see a Republican in particular be so callous toward the shareholder class. After all historically that constituency has been very pro-Republican. It’s a total blast zone out there and ground zero is tech.”

Cramer said that the tech selloff forced him to revisit his age-old mantra of “own it, don’t trade it” regarding two major technology stocks.

READ ALSO: 7 Best Stocks to Buy For Long-Term and 8 Cheap Jim Cramer Stocks to Invest In.

For this article, we picked 10 stocks Wall Street analysts are paying close attention to. With each company, we have mentioned its latest hedge fund sentiment. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

Shopify Inc. (NASDAQ:SHOP)

Number of Hedge Fund Investors: 56

Jim Cramer in a recent program on CNBC said he’s bullish on Shopify Inc (NASDAQ:SHOP) and recommended investors hold the stock:

“Better than ever, the Shopmaster. I think it’s great. Harley (Shopify President) is great. I love those guys. I think you got a total winner. I would not trade it. I would not move a share. Shopify, yes.”

Artisan Global Opportunities Fund stated the following regarding Shopify Inc. (NASDAQ:SHOP) in its Q4 2024 investor letter:

“Among our top Q4 contributors were Atlassian and Shopify Inc. (NASDAQ:SHOP). Our conviction in Shopify grew after it decided to exit the logistics business in favor of a capital-light partnership model, which we viewed as significantly narrowing the downside range of outcomes and allowed it to focus on what it does so well: developing great e-commerce software solutions for brands of all sizes. We have been encouraged by Shopify’s subsequent pace of innovative new product enhancements, including using AI assistants to help brands run their businesses. Shares rallied after the company reported strong earnings results, including 24% growth in gross merchandise volume, and management raised its forward guidance.”

Overall, SHOP ranks 7th on our list of top buzzing stocks you should watch today. While we acknowledge the potential of SHOP as an investment, our conviction lies in the belief that under the radar AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than SHOP but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.