TSE:CTS

Converge Technology Solutions (CTS.TO)

5.99
-0.00 (0.00%)
as of Apr 23, 2025, 8:00:00 pm Market Open.
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0
BUY
It has been a little volatile recently because of weakness on their Q3 revenue side. He thinks there is upside over the next three to five years.
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company has a relatively low valuation and long track record of top-line growth. They also hold good levels of cash. A more stable stock relatively. Can add to CTS here. Unlock Premium - Try 5i Free

BUY
Focus had been in NA. Now looking at Europe. Raised more money yesterday. Great job of acquisitions. Multiple is fairly high. Not the highest margin business, so they have to pull out synergies. War chest of cash for more acquisitions.
TOP PICK
IT solutions provider, active in North America: data analytics, cloud migration and various tech services. He has been screaming about it since $2. It just announced its first acquisition outside North America. They recently announced great guidance that leads him to think double or trouble in the next few years. (Analysts’ price target is $13.53)
RISKY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. A higher risk name but offers good growth potential given its size and industry. Trades at 1.2x sales and 38x earnings, which is cheap. Good growth is expected. Unlock Premium - Try 5i Free

TOP PICK
They are consolidating, 22 acquisitions completed. When they buy a company they can take costs out immediately and take advantage of cross selling. (Analysts’ price target is $11.28)
BUY
It is one of her larger holdings. The market has started to pick up on the story a little bit. She feels there is still a lot of runway here.
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. A software-based IT and cloud solutions provider. Has completed numerous acquisitions since 2017. Strong revenue growth over the past quarters and increasing margins. A high demand space and it continues to grow revenues and execute increasing margins. Momentum should continue. Unlock Premium - Try 5i Free

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock has momentum and looks good. There is decent growth expected on the top line over the next few years. Balance sheet concerns have been resolved now. Things are moving in the right direction and it is looking better. Unlock Premium - Try 5i Free

TOP PICK

They're in cybersecurity and data management. Since 2017, they've been growing by 19 acquisitions which are accretive. It trades at a huge discount to peers like CGI, at 7.5x EBITDA and should be at 12-15x. So, the stock should be 50% higher. They report after today's close. If they miss, get in. If they beat, the stock will likely run. (Analysts’ price target is $9.67)

COMMENT
Acquires software companies. Presents itself as a one-stop, end to end, IT service provider. Price target of $7.85; today it's trading at $6.75.
TOP PICK

They focus on the middle market in IT consulting. They help mid-sized companies transition to the cloud. They have a long growth runway. It is still flying under the radar so no major banks cover the company and if that ever happens it could cause upside. (Analysts’ price target is $7.81)

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The balance sheet has improved and valuation should continue to improve over time. Growth has been positive. On some metrics it is cheap, and shows very strong earnings growth. Acquisitions have been good and momentum is excellent. Insiders remain committed with 11% ownership. Unlock Premium - Try 5i Free

PARTIAL BUY
Has done phenomenally well. They keep adding acquisitions to grow, and they also grow organically. Start a partial position, then wait for a pullback to add more. They raised money in 2020 and will continue as they buy more. It's still reasonably valued for a tech stock. They have tons of runway ahead.
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