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Stock impact report

2 Canadian Growth Stocks to Buy Now While They're on Sale [Yahoo! Finance Canada]

Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD) 
Growth stocks will potentially grow faster than the industry average, thereby delivering superior returns in the long run. Unlike established companies that distribute their profits to their shareholders, growth companies tend to reinvest their earnings to fund their growth initiatives. The following two Canadian growth stocks have been under pressure this year and are trading at a significant discount compared to their 52-week highs. With robust growth prospects and compelling valuations, I believe these two stocks are well-positioned to deliver strong long-term returns. Lightspeed Commerce Lightspeed Commerce TSX:LSPD ) offers omnichannel solutions to businesses across the retail, hospitality, and golf sectors in over 100 countries. The company has witnessed solid buying over the last couple of months, with its stock price rising by over 73% compared to its April lows. Despite the recent surge, it is still trading 31.5% lower compared to its 52-week high. Also, its NTM (next Show less Read more
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