TFSA Million Dollar Blueprint: The Only Canadian Stock You'll Need
Shopify is likely poised for even higher highs over the long term due to its durable moats and solid growth prospects.
In the Canadian market, Shopify (TSX:SHOP) appears to be a long-term winner worth considering on pullbacks.
Investors should assess stock moves based on a company's underlying fundamentals, rather than traditional momentum metrics or technical analysis.
Investors should assess most moves in a given stock not on traditional momentum metrics, but rather by the merits of a company’s underlying fundamentals.
This approach highlights Shopify's potential for long-term growth and higher highs.
Author's summary: Shopify is a long-term winner in the Canadian market.