Two Tech Stocks To Buy On Dips

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(Source: TC2000.com)

Lightspeed POS Inc (LSPD) and Amazon (AMZN) have little in common, with LSPD having a market cap of $10BB and in the early stages of its growth story and AMZN sporting a $1.8TT market cap and being much more mature. However, both do share one trait, impressive revenue growth and projected earnings growth, with AMZN set to double annual earnings per share between FY2020 and FY2023. Meanwhile, Lightspeed is set to be earnings positive in FY2023 ($0.04), with the potential for quadruple-digit annual EPS growth in FY2024 ($0.46). Notably, both companies are disruptors with LSPD powering the future of commerce, intending to be a commerce platform for the entire value chain with its recent acquisition of NuOrder and Ecwid.

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