Many great things are going on right now for the TSX. Currently, my non-registered portfolio closed today session at $123 769.33, my TFSA portfolio at $69 515.62 and my RRSP portfolio at $41 655.85. It's quite exciting to see my RRSP stocks portfolio exceeding the 40k mark. A great stock of mine that I had been holding on to since 2017, CGI, is doing quite great. CGI Inc. (GIB.A) recently made an offer to acquired an IT firm that operated in Europe: Acando AB. Those are great news for all CGI investors. Inside my RRSP portfolio, CGI Inc. (GIB.A) is on a 32% gain, which is quite great. Truly, CGI Inc. (GIB.A) is the perfect stock, with the perfect chart, please see for yourself:
CGI Inc. is really perfect, but every bad girl has it's little glitched. And CGI is that it doesn't pay any dividend distribution. CGI is a company based in Montreal and its probably one of the best of all Quebec companies trading on the TSX, if not THE BEST Quebec company that is currently trading on the TSX.
These days, another Quebec company is stealing the show on the TSX: Lightspeed POS Inc. (LSPD). Lightspeed POS Inc. entered the wonderful world of the TSX just a few days ago. At first, LSPD made me taught of Shopify Inc., but Lightspeed is not exactly like Shopify. From what I understand, LSPD is an inventory platform for businesses and Shopify is an eCommerce platform. Currently, Lightspeed POS Inc. (LSPD) is enjoying strong momentum. Since the stock is a newcomer on the TSX, Stockopedia doesn't have any data on LSPD yet so I can't get this time that second opinion, a second opinion that I am now too use to get. I am really spoiled. However, my idea on Lightspeed POS Inc. (LSPD) is that it could make an interesting stock pick for a quick hit-and-run move.
Like CGI, LSPD doesn't pay any different, but the similarities between the two stocks stop right there. Lightspeed POS Inc. (LSPD) doesn't have, and won't have any time soon the same really strong historic that CGI Inc. (GIB.A) has. So if you want to play, and play only, LSPD is a good one, to play in the short run. I made a quick comparison between Shopify and Lightspeed, but Lighspeed also include some eCommerce stuff, and I am pretty sure that Shopify also offers some inventory feature... Maybe one day Shopify will be looking forward to buying Lightspeed POS Inc., it would be quite a logical move. We'll have to see about this prediction but so far, I have the feeling of quite a really fresh arrogant management team coming from the side of Lightspeed POS Inc. Is LSPD a good stock for the long term? No. But if you want to play, go for it. As I feel LSPD has super fresh management, typical of Quebeckers. I am however confident that LSPD is relatively secure in the short run. I will keep watching this one and we'll see if I go for a quick buy-and-sell move on this one. It seems to me that I didn't play in a long time. So this is it. Lightspeed POS Inc. (LSPD) could be the perfect partner for a hot one night stand that could be quite lucrative. $$$ As for CGI, its forever everrrr love.
Other than that, inside my TFSA portfolio, my newest investment, SIR Royalty Income Fund (SRV.UN) is doing great, I had registered a little gain on the investment. Latest proud is making mommy proud. Go go go!
These days, another Quebec company is stealing the show on the TSX: Lightspeed POS Inc. (LSPD). Lightspeed POS Inc. entered the wonderful world of the TSX just a few days ago. At first, LSPD made me taught of Shopify Inc., but Lightspeed is not exactly like Shopify. From what I understand, LSPD is an inventory platform for businesses and Shopify is an eCommerce platform. Currently, Lightspeed POS Inc. (LSPD) is enjoying strong momentum. Since the stock is a newcomer on the TSX, Stockopedia doesn't have any data on LSPD yet so I can't get this time that second opinion, a second opinion that I am now too use to get. I am really spoiled. However, my idea on Lightspeed POS Inc. (LSPD) is that it could make an interesting stock pick for a quick hit-and-run move.
Like CGI, LSPD doesn't pay any different, but the similarities between the two stocks stop right there. Lightspeed POS Inc. (LSPD) doesn't have, and won't have any time soon the same really strong historic that CGI Inc. (GIB.A) has. So if you want to play, and play only, LSPD is a good one, to play in the short run. I made a quick comparison between Shopify and Lightspeed, but Lighspeed also include some eCommerce stuff, and I am pretty sure that Shopify also offers some inventory feature... Maybe one day Shopify will be looking forward to buying Lightspeed POS Inc., it would be quite a logical move. We'll have to see about this prediction but so far, I have the feeling of quite a really fresh arrogant management team coming from the side of Lightspeed POS Inc. Is LSPD a good stock for the long term? No. But if you want to play, go for it. As I feel LSPD has super fresh management, typical of Quebeckers. I am however confident that LSPD is relatively secure in the short run. I will keep watching this one and we'll see if I go for a quick buy-and-sell move on this one. It seems to me that I didn't play in a long time. So this is it. Lightspeed POS Inc. (LSPD) could be the perfect partner for a hot one night stand that could be quite lucrative. $$$ As for CGI, its forever everrrr love.
Other than that, inside my TFSA portfolio, my newest investment, SIR Royalty Income Fund (SRV.UN) is doing great, I had registered a little gain on the investment. Latest proud is making mommy proud. Go go go!
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