Hold on to these high P/E tech stocks

SHOPIFY INC. $193.00 (Toronto symbol SHOP; TSINetwork Rating: Extra Risk) (613-241-2828; www.shopify.ca; Shares o/s: 99.9 million; Market cap: $20.3 billion; No dividend) offers merchants of all sizes Internet-based software to design, set up and manage stores across multiple sales channels. They include both permanent and temporary retail stores,… Read More

Shopify is now a hold

SHOPIFY INC. $123.30 (Toronto symbol SHOP; TSINetwork Rating: Extra Risk) (613- 241-2828; www.shopify.ca; Shares o/s: 90.7 million; Market cap: $12.2 billion; No dividend) took a drop in early October after Citron Research— a stock commentary website and short seller—issued a report criticizing the company’s sales… Read More

SHOP links to eBay

SHOPIFY INC. $115.97 (Toronto symbol SHOP; TSINetwork Rating: Extra Risk) (613-241-2828; www.shopify.ca; Shares o/s: 90.7 million; Market cap: $10.8 billion; No dividend) offers merchants of all sizes Internet-based software to design and manage sales at their stores, websites and many other channels.
Shopify will soon add… Read More