5 Best TSX Stocks To Buy Right Now

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1. Shopify Inc. (TSX:SHOP.TO)

Shopify Inc. (TSX:SHOP.TO) provides commerce-related services. The stock has lost value in the past few months as inflation batters growth stocks in general. Reports indicate the firm is gearing up for a stock split to steady the situation. The earnings of the company also remain strong. The firm beat market estimates on earnings per share and revenue for the fourth quarter of 2021 by $0.06 and $40 million, respectively. The company is one of the largest and most well positioned competitors to ecommerce giant Amazon in North America. 

On April 20, Shopify Inc. (TSX:SHOP.TO) announced that it would be expanding fulfillment services with a deal to purchase shipping firm Deliverr. The latter is valued at more than $2 billion and uses machine learning to optimize operations. 

You can also take a peek at 10 Best Healthcare Dividend Stocks to Buy Now and 10 Dividend Stocks with Over 20 Years of Dividend Increases.

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