5 Best Canadian Stocks to Buy for Long Term

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1. Shopify Inc. (NASDAQ:SHOP)

Shopify Inc. (NASDAQ:SHOP) is one of the best Canadian stocks to buy for long term. On March 26, Shopify launched Tinker, which is a free mobile app designed to simplify the creative process by consolidating over 100 specialized AI tools into a single platform. Aimed at eliminating the friction of subscription costs and complex prompting, the app allows users to generate images, videos, and logos through a guided experience.

By organizing tools by outcome and using models from providers like OpenAI and Google, Tinker enables anyone to explore and express their ideas without needing technical expertise. The platform streamlines high-quality production by handling complex background prompting, allowing users to describe their needs in plain language. Features include the ability to transform basic product photos into studio-quality editorial shots and maintain brand consistency across different projects by using context from previous creations.

This centralized environment ensures that as new AI models emerge, they are automatically integrated and accessible through the same familiar interface. Early adopters have already used Tinker to gain momentum and overcome traditional barriers to entry. Shopify Inc.’s (NASDAQ:SHOP) goal with Tinker is to lower the cost and learning curve of creation, making entrepreneurship more accessible to anyone with a spark of an idea.

Shopify Inc. (NASDAQ:SHOP) is a commerce technology company that offers tools to run, start, market, and scale businesses of different sizes globally. It is also involved in the sale of themes and apps, advertising on the Shopify App Store, point-of-sale hardware, shipping labels through Shopify Shipping, and Shop Campaigns for buyer acquisitions.

While we acknowledge the potential of SHOP to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SHOP and that has 100x upside potential, check out our report about the cheapest AI stock.

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