The Smartest Growth Stock to Buy With $160 Right Now

If you had only $160 to invest in a single share of a company, which one would it be? Of course, the answer won't be the same for every investor, given their different goals, strategies, and risk tolerance levels. Even if there is no universal pick, one growth stock that looks particularly attractive at this price is Shopify (NASDAQ: SHOP). The e-commerce leader has been firing on all cylinders, and there is plenty of growth fuel left in the tank. Here's the rundown.Most retail businesses, whether they primarily operate brick-and-mortar stores or online, can benefit from having an e-commerce website. It makes it much easier for prospective customers to find them through the magic of search engines. In fact, not having an online presence is a significant handicap for today's businesses. That's where Shopify comes in.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool