Down 25%, Is Shopify Stock a Better Buy than SpaceX and the "Magnificent Seven" Stocks in September?

Key Points Shopify continues to grow at a rapid clip, but investors may balk at its valuation. SpaceX also seems pricey, but other "Magnificent Seven" stocks appear increasingly attractive. 10 stocks we like better than Shopify › Shopify (NASDAQ: SHOP) has struggled since peaking at $179 per share nearly one year ago. While the company continues to grow at a brisk pace, conservative guidance and concerns about artificial intelligence (AI) disruption have weighed on the stock. Additionally, its valuation may appear elevated. In that regard, it may look cheap compared to Space Exploration Technologies (NASDAQ: SPCX) , but Shopify is certainly more expensive than most " Magnificent Seven " stocks. Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger.