Topic: How To Invest

Stock Pickers Digest Hotline – Friday, February 17, 2017

Article Excerpt

SHOPIFY INC., $80.66, symbol SHOP on Toronto, 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 but also web, mobile and social-media platforms. The stock moved up over 10% this week after the company announced improved results in the latest quarter. Shopify continues to attract more merchants to its platform. As a result, its revenue in the three months ended December 31, 2016, gained 85.8%, to $130.4 million from $70.2 million a year earlier. Excluding one-time items, its losses shrank to $400,000, or nil per share, from $1.1 million, or $0.01. The company ended the quarter with cash of $392.4 million, or $4.41 a share. It has no long-term debt. OUR RECOMMENDATION: Shopify is a buy for aggressive investors. Shopify recent coverage February 2017 issue FIRSTSERVICE CORP., $74.42, symbol FSV on Toronto, set up its commercial real estate business, Colliers International Group (see below), as a separate company on June…