Growth ETFs add portfolio diversification

Most successful investors hold a mix of stocks (or ETFs that hold them) in their portfolios. Indeed, one key component of a well-diversified portfolio is growth stocks. Note, however, that it’s very easy to confuse growth stocks with momentum stocks. Like growth stocks, momentum stocks… Read More

Shopify teams up with Amazon

SHOPIFY, $76.74, remains a buy. The company (Toronto symbol SHOP; TSINetwork Rating: Extra Risk) (www.shopify.ca; Shares outstanding: 1.2 billion; Market cap: $100.4 billion; No dividends paid) has announced a deal with Amazon.com that will let U.S. merchants who use Amazon’s fulfillment network add Buy with Prime to their Shopify… Read More

Shopify sells a unit

SHOPIFY, $89.91, remains a buy. The company (Toronto symbol SHOP; TSINetwork Rating: Extra Risk) (www.shopify.ca; Shares outstanding: 1.2 billion; Market cap: $113.3 billion; No dividends paid) has now completed the sale of its former Shopify Logistics business to Flexport, a global logistics platform. Meanwhile,Flexport will become the preferred logistics… Read More

Ready for a rebound

SHOPIFY, $59.92, remains a buy. The company (Toronto symbol SHOP; TSINetwork Rating: Extra Risk) (www.shopify.ca; Shares o/s: 1.2 billion; Market cap: $76.5 billion; No dividends paid) reported 25.7% higher revenue in the three months ended December 31, 2022, rising to $1.74 billion from $1.38 billion a year earlier.
Even so,… Read More