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Alphabet Inc. (GOOG)
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Axon Enterprise Inc. (AXON)
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Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD)
Q: My TFSA has been pathetic due to a severely depressed share price of Lightspeed, down 60 %, and the remaining 4 stocks remaining flat over 5 years.
I'm considering selling them all and starting over. I have at least a 5 year time frame.
Which 4 or 5 Canadian or US stocks would you recommend to boost my returns?
Secondly, would you double up on Lightspeed, keep it, on or let it go?
It is 25 % of my TFSA.
I'm considering selling them all and starting over. I have at least a 5 year time frame.
Which 4 or 5 Canadian or US stocks would you recommend to boost my returns?
Secondly, would you double up on Lightspeed, keep it, on or let it go?
It is 25 % of my TFSA.
5i Research Answer:
LSPD is not without potential, but in a 'reboot' we would let it go. Keep in mind it can be dangerous to try to 'recoup' losses. It is important not to add to much risk in such a move. With that in mind, we would suggest: TFII, BN, GOOG, AXON, SHOP, EQB.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in GOOG, AXON.