How to Grade a Stock

When I grade a stock, I start all stocks and I just give them an A. It doesn't matter if I've got a $2 stock up in front of me. And then as I see good things, I raise it up. So let's start off with Shopify. Now, it's clear that it has and has had some really nice moves in it. If this had been in a huge downtrend, right, if we're looking at GE, for example, then that's going to go from an A down to a C or a D right away because of its history of being a laggard versus a leader.