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Compiling comments that experts make about stocks while on public TV.

2017-01-11

Opinion for Shopify Inc. (SHOP-T)

Signal Price Bias Subject Owned
TOP PICK $58.720 UNKNOWN CANADIAN & FIXED INCOME Yes

This is the most dynamic tech story in Canada, bar none. It was one of the hottest IPOs in 2015. A dominant platform player, and their solution is e-tailing in a box. Their core market is the small-medium-sized businesses, and the solutions they offer are web development, payment processing, order fulfilment, inventory management, sales promotion, management, shipping and even things like receivables and financing. Revenue grew at 89% in the latest quarter. While not profitable yet, they are making all the right strategic decisions, very reminiscent of what Amazon did in its early days. (Analysts’ price target is $68.42.)

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council

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