RE:Why IS LSPD not a buy from may sitesLSPD growth is beyond impressive. SHOP grew at higher multiples for years and as long as LSPD keeps up the growth, there is no reason why they cannot keep growing. Is it volatile, of course it is but as is all rocketships.
With LSDP´s recent acquisitions they have already increased gross revenue by 50%. If they maintain their 40% organic growth, they are already looking at 90% growth and in a year from now, close to 300 million in revenue. Moreover, management team are agressive! They till have more cash and I am confdent next qrt is not only going to have great sales but another acquisition within 6 months. Organic + nonorganic growth will take this company to a billion in revenue in less than 4 years.
Moreover, on TD webbroker, of the 7 analysts that have provided their input since 01.12.2020, there are 5 buys and 2 holds. Average price of $79 CDN. Highs of $90 - lows of $67.
I bought more at $74 and will buy more if it hits the $60s as I expect at some point. End of 2021, stock will easily be at $120 plus!