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Adobe Inc. (ADBE)
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Amazon.com Inc. (AMZN)
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Salesforce Inc. (CRM)
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Shopify Inc. Class A Subordinate Voting Shares (SHOP)
Q: I am looking at a purchase in my non-registered account. All the above stocks are below there targets and some are at 5 star price levels. What would be your choice from the list for growth for a 3 - 5 year hold?
All we think have good growth potential, but valuations are all over the map here. SHOP likely has the most 'bounce' potential in a better market, but we think CRM offers a better risk/reward right now based on its much lower valuation. P/E vs P/S. They are not so different on Price/sales.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in ADBE, AMZN.