A $10,000 Investment Approach for the Next Five Years
Investing $10,000 today with a five-year outlook requires more than just picking the hottest stock. It means thinking about how to balance growth, stability, and income. With markets constantly shifting, a thoughtful mix of Canadian stocks can go a long way. One strategy is to combine a high-growth tech name, a solid income-generating telecom, and a blue-chip bank. That’s where these three come in.
Shopify
Shopify (TSX:SHOP) is the growth engine of this approach. It powers online stores for millions of merchants worldwide and continues to evolve in the e-commerce space. As of its most recent earnings report, Shopify reported revenue of US$1.9 billion for the first quarter of 2025, up 23% from the year before. It posted net income of…
