The Motley Fool Canada

Buy Alert: Amazon takes 9.9% stake in this Canadian stock

By: Jonah Askinaram
Buy Alert

An under-the-radar Canadian stock has caught Amazon’s attention, with the e-commerce giant taking a hefty 9.9% stake in the company…and openly preparing to take even more shares!

But Amazon isn’t the biggest shareholder yet—that title goes to the Royal Bank Of Canada, which now holds a 14.1% stake.

And if that’s not enough, Jack Bogle’s Vanguard Group is also getting in on the action. The $7 trillion investing giant has gobbled up 550,194 shares of this obscure Canadian stock.

These are just a few of the elite organizations pouring mountains of cash and resources into a Canadian stock that many investors have never even heard of!

What in the world could inspire such enthusiasm from some of the planet’s most valuable institutions?

The Rocket Fuel Behind Amazon’s Explosive Growth…

The answer is a TSX-traded company that provides the secret rocket fuel behind Amazon’s explosive growth in Canada!

In the last two years, this fuel has helped Amazon:

● Keep up with unprecedented demand for online shopping during a global pandemic, resulting in a record $386 billion in sales in 2020.
● Add 50 million new Prime subscribers–dramatically boosting Amazon’s e-commerce business AND their competitive position against Netflix!
● Double their market cap to roughly $1.2 trillion!

This technology-backed service is essential for getting orders processed and to your doorstep at the lightning speeds that Amazon is famous for.

But here’s the most important part for everyday investors like us…

For Amazon to use this powerful service across Canada, they NEED this company’s help!

Because literally no one else has such a vast Canadian logistics network that can handle Amazon’s gargantuan demands!

To be extra clear…

This Canadian company has something Amazon needs, and they have NO serious competitors!

And that’s likely why Amazon is actively paving the way for this company’s long-term growth…with a massive investment deal AND an exclusive partnership worth $600 million!

Why This Stock Could Be More Lucrative Than Amazon

Our analysts predict that a long-term investment in this Canadian company will be even MORE lucrative than Amazon itself.

I know that’s a bold prediction, so let me explain…

First of all, we love Amazon here at The Motley Fool.

After all, our 2002 recommendation of Amazon to US members is up 22,117%… turning every $5,000 invested into over $1.1 MILLION today.

But since Amazon already has a market cap of roughly $1.2 trillion, it would have to grow by more than Canada’s entire GDP just to produce a 2x return for investors. That’s an awfully steep hill to climb!

On the other hand… this Canadian company is only 1/700th the size of Amazon…

That’s why we’re confident that this stock could be the most lucrative way to profit from Amazon’s growth in Canada.

Because every expert we can find is predicting that Canadian e-commerce will continue to grow massively in the coming years.

And as the online shopping sector expands in Canada, this company stands to grow along with it.

But if you’re prepared to experience the record-breaking returns we’re expecting, we recommend getting invested RIGHT NOW.

Because we believe we’ve found a once-in-a-lifetime opportunity for Canadian investors…

And if history is any indication, this window of opportunity could close much sooner than you think.

Simply enter your email address below to learn more about this exciting Amazon-backed Canadian stock.

Returns updated daily. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. The Motley Fool owns shares of Amazon. The Motley Fool has a disclosure policy. Past performance is not a predictor of future results. Individual investment results may vary. All investing involves risk of loss.