Lightspeed (on the Growth Bull List)

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Lightspeed (on the Growth Bull List) went up 38% yesterday. Would you still consider it a buy at the current price?

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Asked on May 21, 2020 11:24 pm
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Hi there,

For the long term - yes, we certainly do. Keep in mind that we do expect considerable volatility (double-digit swings) over the next few months as the economy slowly re-opens. But overall, it was a strong quarterly report and it is performing much better than expectations during this crisis. This can obviously change if shutdowns persist for longer than expected, or a second wave leads to new shutdowns.

Regardless, we believe it has significant potential on the other side of this pandemic.

Mat

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Posted by Mathieu Litalien
Answered on May 22, 2020 5:39 am