If I Could Only Buy and Hold a Single Growth Stock, This Would Be It

News Snapshot:

Bolstered by easing trade tensions, with the United States announcing trade agreements with the United Kingdom and China, the global equity markets have witnessed upward momentum over the last few days. The S&P/TSX Composite Index is up 14.1% compared to the previous month’s lows. Amid the improvement in investors’ sentiments, I am bullish on Shopify (TSX:SHOP), which reported a healthy first-quarter performance last week. Let’s look at its first-quarter performance and growth prospects in detail. Shopify’s first-quarter performance Shopify posted a GMV (gross merchandise value) of $74.8 billion in the first quarter, representing a 23% increase from the previous year...