Q: I see 3 new analyst ratings this week. One buy and two holds. Small sample but not a ringing endorsement. Has anything changed? It had a particularly rough day yesterday. Does it still make your top 5 growth stock picks or has it fallen down the list? What do you see going forward>
5i Research Answer:
Nothing has changed from our view. As mentioned in a prior question, yesterdat nearly every growth stock got hit. Bond yields moved higher which put investors in a 'risk off' mood. We would still consider SHOP a premier CanadIan growth stock.