The small company that beat Amazon at its own game.
No one will argue that Facebook, Amazon, and Google have been incredible success stories, minting new millionaires practically every day with recently surging share prices.
But with the dominance in the market from these stocks, a little-known Canadian company quietly went public a few years ago and is already making people rich, including one lucky insider — a ski-bum with strong coding skills — who is worth $782 million with his stake in the company.
And we think this company is poised to jump on a $22 trillion opportunity.
With Amazon chasing the next shiny object, some shareholders are worried that they are losing sight of what made them Amazon: their commitment to e-commerce and small business.
Fortunately for investors, to us, this small company seems to be picking up where Amazon left off. Amazon even withdrew from this space — they didn’t want to compete. After closing down Amazon Webstore in 2014, Bezos, in fact, pushed vendors to use the small company’s platform.
What’s more, this company just signed huge deals with industry titans that we think should supercharge its growth for years to come. Cash from those deals is already rolling in and has sent the stock price higher. These partnerships could become the backbone for e-commerce purchases on Facebook and Amazon. They even have a deal in place with Apple to use the Apple Pay feature on their platform. And with a market cap of around $14.2 billion, this stock is still a mid-cap, with a chance to grow like crazy, despite 142% gains in the past year. That’s over six times more growth than Amazon in the past year. In fact, in the past year, this small company has seen higher percentage returns than Apple, Amazon, Facebook, and Google – combined.
That’s why I’m strongly urging all investors to get in on the action now. Before it’s too late. And what better way to get started than with what I consider to be the most promising young company on my radar? This company is a top pick and it comes straight from renowned investor David Gardner and his team, whose investing newsletter Motley Fool Rule Breakers has handily beaten the S&P 500’s return over its history.
We think the company is strikingly similar to an early Amazon.com, David recommended for the first time back in 1997. If you’d bought $5,000 worth of stock back then, it would be worth over $3.9 million today. Like Amazon, this company has been growing like gangbusters! The company already has hundreds of thousands of small-business customers, and recently scored profitable deals with massive partners like Facebook and Amazon. Even more exciting, the company has grown its profit 30 percent compared to last year. This amazing company has put together an incredible string of successes since its IPO and the market has rewarded early investors. The stock has more than doubled over the last 12 months and I think it’s just getting started.