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Despite the resurgence of the coronavirus, the Canadian stock market is holding strong. However, high growth tech stocks that went through the roof in 2020 have witnessed a fair amount of selling in the recent past. Expensive valuation and expected normalization in growth rate has led Canadian tech stocks to shed some of their gains.
The decline in the shares of these top tech companies presents a buying opportunity for long-term investors. The valuation of these companies could soon appear normal as growth picks the pace. Meanwhile, I expect these companies to deliver stellar growth over the next decade.
1 Top Canadian Tech Play Growth Investors Should Buy Today
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