Why RiverPark Advisors is Bullish on Shopify (SHOP) Stock?

RiverPark Advisors, LLC an independently-owned investment firm, recently published its first-quarter RiverPark Large Growth Fund commentary – a copy of which can be downloaded here. During the first quarter of 2020, the RiverPark Large Growth Fund returned -14.9%, compared to the total return of -14.1% by the Russell 1000 Growth Index and -19.6% by the S&P 500 Index.

In the said letter, RiverPark Advisors highlighted a few stocks and Shopify Inc. (NYSE:SHOP) is one of them. Shopify is an...