You don't have to find the exact market bottom to win big. You just have to buy good companies closer to lows than highs.
Considering this, many investors might think the company is floundering, but Shopify is still performing well. In the first quarter of 2022, Shopify posted a 22% year-over-year revenue expansion to $1.2 billion as it helped over $43 billion in gross merchandise volume get sold by e-commerce merchants. Shopify has tools that help merchants build, run, and grow their e-commerce operations.
Bear markets aren't uncommon; they occur once every three and a half years. Because of this, wise investors should be looking for great values to pick up during a market panic. Alphabet (NASDAQ: GOOG) is the parent company of Google and YouTube, among others.