Is Lightspeed a buy?I bought Lspd at $30 usd & then at $15 usd. I sold out at $90 usd. I believe it can be the next Shopify, but also think it could slide further due to the short report scare, supply chain issues ruining their earnings & overall down market. Should I wait for my predicted slide into the $30s usd or is Lspd a buy now?
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Given that “The Motley Fool owns shares of and recommends Lightspeed POS Inc. and Shopify”, and it is down to its price last year this time, it seems like a reasonable risk.
Tough one. I’ve never had a real handle on what made Lightspeed particularly unique or appealing — Going by product and market dominance I would most likely opt for SQ or SHOP over LSPD for generic POS technology for retail, and TOST for their restaurant-specific platform, but it’s certainly true that LSPD is a LOT cheaper than all of those companies on a price/sales valuation right now. Haven’t looked closely at Lightspeed since I sold (poorly) a while back, though.