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Stock impact report

3 Canadian Stocks for Less Than $20 That You'll Actually Want to Own [Yahoo! Finance Canada]

Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD) 
You don't need a large amount of capital to begin your investment journey. Even small but consistent investments can help build substantial wealth over the long term. With that in mind, let's take a look at three top Canadian stocks trading under $20 that offer strong growth potential. Lightspeed Commerce Lightspeed Commerce TSX:LSPD ) is one of my top under-$20 picks, supported by improving financial performance, a favourable outlook, and an attractive valuation. In the recently reported second quarter of fiscal 2026, the company's revenue increased by 15% to $319 million, driven by growth in its customer base and higher average revenue per user. While net losses widened slightly from $29.7 million to $32.7 million, adjusted net income improved to $22.2 million, representing an 11.6% year-over-year increase. Lightspeed also generated $18 million in adjusted free cash flow during the quarter. It also ended the quarter with $462.5 million in cash and cash equivalents, leaving it w Show less Read more
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