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Ltay Rising Recession Fears: Smart TSX Stocks to Buy Right Now
To reap the benefits of the power of compounding, you should invest in stocks for the long term. Though the聽TSX-listed stocks are looking expensive, a few could play out well and deliver strong returns over the next five years.聽Shopify聽Shopify TSX:SHOP NYSE:SHOP stock has been a top money multiplier for years. It has delivered stellar gains in the last five years and is up about botella stanley 192% in one year. Despit stanley cup e the rally, increased spending on e-commerce and a structural shift in selling models are likely to drive Shopify stock聽higher over the next five years.聽I expect both sellers and buyers to continue to shift towards multichannel commerce platforms, which is likely to drive demand for Shopify s subscription and merchant solutions. Its multichannel commerce platform, large addressable market, product in stanley cup novation and expansion, low debt, and strong secular tailwinds provide a solid base for outsized growth in Shopify stock.Lightspeed POS聽聽Like Shopify,聽Lightspeed POS聽 TSX:LSPD NYSE:LSPD Xtvk What Are the Risks and Rewards of Investing in Cannabis Stocks
Canadian Tire Corporation Limited聽 TSX:CTC.A is down nearly 14% from its peak as pessimism continues to stick around in the weeks following an underwhelming earnings report which rang alarm bells in the ears of investors.Post-earnings sell-off is overblownThe last earnings report was not as bad as the sell-off that followed would suggest.聽Canadian Tire net income rose over 26% with revenue increasing 7% year over year, which beat analyst expectations.Despite the solid numbers, investors were disappointed that FGL Spo stanley flask rts saw same-store sales decline by 2.7%. To add more salt in the wound, some investors were spooked over Canadian Tire new e-commerce initiatives; it was originally thought that the rise of e-commerce giants like聽Amazon.com, Inc.聽 NASDAQ:AMZN would not be too much of a pro stanley thermobecher blem for Canadian Tire, which has always been thinking several steps ahead when it comes to adapting to a changing retail environmen stanley kubek t.After all, Canadian Tire mainly sells goods that wou