Shopify and Ryman Hospitality Poised for Long-Term Growth Despite High Valuations
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Shopify has huge long-term growth potential despite its high valuation, with strong recurring revenue growth and expanding services.
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Ryman Hospitality owns hotels and entertainment venues with massive room for expansion, trading at an attractive valuation.
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Ryman's group-focused hotels produced record revenue and profits in 2023 with strong future bookings.
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Ryman's entertainment revenue grew 21% last year and will expand further with new venues opening.
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Both Shopify and Ryman are long-term buys even with the market at a high, with years of growth ahead.