What to Make About Shopify’s (TSX:SHOP) Stock Meteoric Rise

In recent years, it is arguable that there has been no better investment on the TSX Index than Shopify (TSX:SHOP). Since going public in 2015, Shopify’s stock has jumped 1,151%! The stock was a mainstay at number one on our list of the top Canadian stocks to buy. To put  its stock appreciation into perspective, a $10,000 investment in its stock when it first began trading on the TSX would be worth $115,100 today. Not a bad return in less than five years.In March of this year, the … [Read more...] about What to Make About Shopify’s (TSX:SHOP) Stock Meteoric Rise

35 Of The Top Canadian Stocks To Buy On The TSX – July 2019

Quick Navigation How Do We Identify These Stocks?Top Industries On This ListCervus Equipment (CERV.TO)Manulife Financial (MFC.TO)Alementation Couche-Tard (ATD.B.TO)Hydropotherapy Corp. (HEXO.TO)Toromont Industries (TIH.TO)Badger Daylighting (BAD.TO)Constellation Software (CSU.TO)Dollarama (DOL.TO)Stantec (STN.TO)Magna International (MG.TO)OpenText (OTEX.TO)Bank Of Nova Scotia (BNS.TO)Enbridge (ENB.TO)Intact Financial (IFC.TO)Aurora Cannabis (ACB.TO)Equitable Group (ECB.TO)GoEasy Ltd … [Read more...] about 35 Of The Top Canadian Stocks To Buy On The TSX – July 2019

Missed The Boat On Shopify(TSX:SHOP)? Buy These Tech Stocks Instead

The TSX Composite has provided lackluster returns for investors over the last five years, and a lot of them are heading south of the border to invest in U.S. equities to keep up. However, Canadian investors looking for outsized growth should look at one sector in particular. The Canadian tech sector. Shopify (SHOP.TO) has been a pinnacle of growth for Canadians. The stock has returned over 1000% to investors since its 2015 IPO and has increased nearly 150% in 2019 alone. However, the … [Read more...] about Missed The Boat On Shopify(TSX:SHOP)? Buy These Tech Stocks Instead

Shopify Stock (SHOP.TO): Is The Tech Giant Overvalued?

Daniel Kent is long SHOP.TO and GOOS.TOCanadian tech giant Shopify (SHOP.TO) has been taking the TSX by storm lately. Up over 125% in 2019, the company may be able to ride its current momentum to a $500 price point. However, are investors making a huge mistake by purchasing the stock at these levels? What Exactly Does Shopify Do? Shopify is one of the leading e-commerce platforms in the country, and is slowly becoming one of the go to platforms worldwide. Merchants use the platform to grow … [Read more...] about Shopify Stock (SHOP.TO): Is The Tech Giant Overvalued?

15 Of The Best Canadian Tech Stocks To Own For 2019

The return on U.S. equities have dwarfed those of the TSX Index over the past handful of years, and this can be attributed to the lack of Canadian tech stocks available. The S&P 500 has a five-year compound annual growth rate (CAGR) of 11.15%. The TSX Composite Index? It posted a 4.91% return of the same period.There are two reasons for this. First off, Canada’s major Index is dominated by Financials, Energy and Materials. Combined, these three sectors make up over 65% of the Index. All … [Read more...] about 15 Of The Best Canadian Tech Stocks To Own For 2019