skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. GSY: Hi Peter, at the present I hold GSY in my RRSP at a slight loss and I was thinking of switching it out for SHOP. [goeasy Ltd.]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hi Peter, at the present I hold GSY in my RRSP at a slight loss and I was thinking of switching it out for SHOP. If a person could only buy one of these two companies witch one would be favored under today's circumstances and uncertainty. Thanks
Asked by Nick on December 04, 2024
5i Research Answer:

This is apples/oranges, with SHOP being nearly 70 times' as large as GSY. GSY is much cheaper and we continue to like it. But, we would side with SHOP here, on its market share (duopoly, essentially), size, and $5 billion in cash on the books.