Constellation Software Inc. (CSU.TO)

Revenue and cashflow numbers are good. One of Canada's few strong, well-managed technology companies. Small dividend, but the growth is on the capital side.

Great company and competitive advantage. But does the investor have a competitive advantage of knowing something that the market doesn't? Otherwise, it's already priced in. For CSU, the answer is absolutely not. Without that investor advantage, you're just throwing $$ against a wall hoping something will stick.

Don't sell it. Has the top management team in Canada. The invented the vertical software consolidation business. They can continue to deploy capital at high rates of return. Strongly buy on pullbacks. They have never split their stock. Have high insider ownership. Can grow a lot for years to come.

Excellent company. Safe bet is to buy on pullback, but stock appears to always grow up. Would recommend buying and holding for the long term. Ability to generate revenue growth, and expand margins very strong. 

Has executed incredibly well--they know how to buy and grow software companies that need help to grow. Valuation has always been high, though.

It is in a good long term trend. It is maybe overbought and will likely pull back.

They missed recently and an acquisition isn't paying off as expected. It's always grown well by acquisition, but the bigger you get the bigger the companies you need to buy and more to pay. Trades around 18-20x cash low, but other companies trade at half that. 

Really nice uptrend since the end of 2022. Uptrend of higher lows is still there. In his RSI rankings, one of the top 3 stocks in NA even with the pullback. He continues to hold.

Investing is all about predicting the future, and are you paying a reasonable price for that future. You can still find good ideas even at 52-week highs. Still making acquisitions. Overpriced in the short term, but expects it to go a lot higher over the long term.

He's waiting for a nice pullback to buy more.

We would still be comfortable buying it for the long term. As a premium company, the stock rarely, if ever, gets 'cheap' on valuation. We just wanted to note that it is more expensive than most stocks, but deservedly so. 
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A strong balance sheet, but the gap is increasing between its share price and fair market value in recent years. Has nice support at $3,900, which is safe.

It is a great company with a great track record and solid future. It has spun off other companies. The bigger it gets, the more complex it is to acquire small companies and absorb them, but it is doing well at it.

Performed very well, an outlier to most Canadian tech. Chart moves up, consolidates, and now it's legged up. Will probably consolidate, growth won't be the same as in past year or so. Over time, will continue to be a solid name. See his Past Top Picks.

The TSX darling. They buy software companies regularly and merged them vertically. Their only challenge is that as the company grows, so must their acquisitions--and they must continue to be accretive. Loves this. Will keep buying shares.

Will continue to own shares. Very strong business. Capital allocation skills very high within management team. Vertical integration of software business is proving very profitable. In reality, private equity company that acquires software companies. Very strong business model. Recurring revenue with mission critical functions (customers need it).