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  5. CLS: I have held Shopify for some time and it is down 30% this year, I am thinking of selling and buying CLS. [Celestica Inc.]
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Q: I have held Shopify for some time and it is down 30% this year, I am thinking of selling and buying CLS. I would appreciate your thoughts on such a move. Thank You.
Asked by Brian on April 13, 2026
5i Research Answer:

We would not be inclined to sell SHOP at these distressed levels. That being said, CLS may do better in the short term due to its "hardware" focus. But we would not view SHOP as a SELL today. 

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