Are you looking to get more exposure to the e-commerce sector and searching for a stock on sale? Well, let's talk about Shopify (NYSE:SHOP). The company recently reported great earnings, but the stock price is down about 6% from its all-time highs.

Shopify helps its customers transform their businesses into full-running e-commerce machines, from app development to logistics, payments, and much more. In its most recent earnings presentation, Shopify showed that it's currently No. 2 in U.S. retail e-commerce sales for 2020.

Shopify's fourth-quarter revenue is up 94% year over year, and its 2020 revenue is up by 86% year over year. Not only is Shopify seeing substantial revenue growth, but its gross merchandise value is up over 96%. And the final icing on the cake: this company has a very healthy balance sheet, with over $6 billion in cash and short-term investments and less than $1.5 billion in total liabilities.

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