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Shopify Inc. Class A Subordinate Voting Shares (SHOP $201.08)
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Kraken Robotics Inc. (PNG $5.16)
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Brookfield Corporation Class A Limited Voting Shares (BN $61.67)
Q: Which 3 Canadian growth stocks do the 5i Team has most conviction at this time for a TFSA account. Please provide short reasoning. - Thanks!
5i Research Answer:
SHOP: high growth for a TFSA, proven management, lots of cash, strong market positioning.
BN: tons of capital, steady growth, value-creating management team
PNG: smaller cap potential for defense spending. Lots of cash, leverage to large potential new contracts.