CGI Group (A) (GIB.A-T) Stock Predictions - Stockchase
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CGI Group (A) (GIB.A-T)

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CGI Group (A)

GIB.A-T

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CGI Group (A) (GIB.A-T) SAVE Feb, 22, 2019, 6:25 pm

88.41 0.41 (0.47%)

About CGI Group (A) (GIB.A-T)

CGI Group Inc., more commonly known as CGI, is a Canadian global information technology consulting, systems integration, outsourcing, and solutions company headquartered in Montreal, Quebec, Canada. More at Wikipedia

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COMMENT
CGI Group (A)(GIB.A-T) 

February 22, 2019

Open Text vs CGI? The major difference is that one pays a dividend and one grows by acquisition. For these reasons he prefers OTEX-T for the 1.6% dividend.
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Open Text vs CGI? The major difference is that one pays a dividend and one grows by acquisition. For these reasons he prefers OTEX-T for the 1.6% dividend.
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Darren Sissons

Vice Presi, Campbell Lee & Ross...

Price Price
$0.000
Owned Owned
_N/A

PAST TOP PICK
CGI Group (A)(GIB.A-T) 

February 21, 2019

(A Top Pick Aug 21/18, Up 4%) He loves the chart and the breakout to new highs. He is a big fan of info-tech.
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(A Top Pick Aug 21/18, Up 4%) He loves the chart and the breakout to new highs. He is a big fan of info-tech.
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Javed Mirza

Technical , Canaccord Genuity ...

Price Price
$88.000
Owned Owned
Yes

COMMENT
CGI Group (A)(GIB.A-T) 

February 8, 2019

CGI vs Open Text? He would like to own both of these. Having some growth in your portfolio is good -- especially if the economy is going to slow. He likes the yield of Open Text. He likes the predictably of earnings with CGI, so slightly favours it.
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CGI vs Open Text? He would like to own both of these. Having some growth in your portfolio is good -- especially if the economy is going to slow. He likes the yield of Open Text. He likes the predictably of earnings with CGI, so slightly favours it.
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Brian Acker, CA

Chief Exec, Acker Finley Inc....

Price Price
$89.160
Owned Owned
_N/A

BUY
CGI Group (A)(GIB.A-T) 

February 7, 2019

There is a secular theme where companies will continue to spend on IT development. The industry is growing between 5 and 6%, roughly twice the growth rate of the economy. They can now make another acquisition and he is watching for potential catalysts.
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There is a secular theme where companies will continue to spend on IT development. The industry is growing between 5 and 6%, roughly twice the growth rate of the economy. They can now make another acquisition and he is watching for potential catalysts.
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David Burrows

President , Barometer Capital Ma...

Price Price
$88.610
Owned Owned
Unknown

COMMENT
CGI Group (A)(GIB.A-T) 

February 1, 2019

Had a nice run. Getting a bit ahead of itself in valuation, and will probably go sideways until there's another deal. If you hold it, and you're a long-term investor, you'll be fine if you continue to hold. If you're a short-term trader, consider selling and buying back down the road.
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Had a nice run. Getting a bit ahead of itself in valuation, and will probably go sideways until there's another deal. If you hold it, and you're a long-term investor, you'll be fine if you continue to hold. If you're a short-term trader, consider selling and buying back down the road.
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Bruce Campbell

President, Campbell and Lee Inv...

Price Price
$86.920
Owned Owned
No

BUY
CGI Group (A)(GIB.A-T) 

January 23, 2019

He likes this large tech company. It has been a slower grower, but they have put in some good earnings -- especially in Europe. He thinks they may introduce a dividend, when they report Q4 results soon. The stock trades at 17 times earnings and it has good growth prospects. He respects the management team.
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He likes this large tech company. It has been a slower grower, but they have put in some good earnings -- especially in Europe. He thinks they may introduce a dividend, when they report Q4 results soon. The stock trades at 17 times earnings and it has good growth prospects. He respects the management team.
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Peter Imhof

Vice Presi, AGF Investments Inc...

Price Price
$86.360
Owned Owned
Yes

COMMENT
CGI Group (A)(GIB.A-T) 

January 11, 2019

Worried about the market and U.S. politics. There's some progress in China-US trade and both sides need a resolution. But don't over-emphasize the politics like the U.S. Government shutdown; the economy will still march ahead as recent strong unemployment numbers demonstrate. The wall and shutdown are noise. Be more positive on the market, and corrections happen all the time.
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Worried about the market and U.S. politics. There's some progress in China-US trade and both sides need a resolution. But don't over-emphasize the politics like the U.S. Government shutdown; the economy will still march ahead as recent strong unemployment numbers demonstrate. The wall and shutdown are noise. Be more positive on the market, and corrections happen all the time.
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David Cockfield

Managing D, Northland Wealth Man...

Price Price
$86.080
Owned Owned
Unknown

TOP PICK
CGI Group (A)(GIB.A-T) 

January 10, 2019

It is Canada's biggest technology company. It has really good valuation, it is defensive and it is a growth story with a good technical profile. He thinks it is undervalued and will continue to reduce its debt. If it gets through the high that it is near now, it will be a pretty good part of a portfolio for the next year. (Analysts’ price target is $88.14)
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It is Canada's biggest technology company. It has really good valuation, it is defensive and it is a growth story with a good technical profile. He thinks it is undervalued and will continue to reduce its debt. If it gets through the high that it is near now, it will be a pretty good part of a portfolio for the next year. (Analysts’ price target is $88.14)
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Hap (Robert) Sn

Chief Port, Castlemoore Inc....

Price Price
$86.380
Owned Owned
Yes

BUY
CGI Group (A)(GIB.A-T) 

January 9, 2019

One of Canada's largest tech companies. Continues to like it. Valuation has crept up, trades at 18x earnings, but is quite profitable returning high teens ROE. Rose quickly and consistently, with 9% compound growth rate. "Untech" tech stock. Shook off huge rotation from growth to value in the summer. Unloved because organic growth rate is tepid. Tuck-in acquisition strategy working nicely. IP30 strategy is margin accretive. Would be a buyer here. Despite lack of respect from the street, has gone up 10 years in a row.
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One of Canada's largest tech companies. Continues to like it. Valuation has crept up, trades at 18x earnings, but is quite profitable returning high teens ROE. Rose quickly and consistently, with 9% compound growth rate. "Untech" tech stock. Shook off huge rotation from growth to value in the summer. Unloved because organic growth rate is tepid. Tuck-in acquisition strategy working nicely. IP30 strategy is margin accretive. Would be a buyer here. Despite lack of respect from the street, has gone up 10 years in a row.
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Brian Madden

Senior VP , Goodreid Investment ...

Price Price
$85.240
Owned Owned
Yes

COMMENT
CGI Group (A)(GIB.A-T) 

January 2, 2019

CGI vs. OTEX He's been watching Open Text and will buy it under $40. They're good at making purchases. He prefers it to CGI which is too high right now.
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CGI vs. OTEX He's been watching Open Text and will buy it under $40. They're good at making purchases. He prefers it to CGI which is too high right now.
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Bruce Campbell

President, Campbell and Lee Inv...

Price Price
$83.070
Owned Owned
Yes

HOLD
CGI Group (A)(GIB.A-T) 

January 2, 2019

He prefers Open Text, but CGI shows some growth. It's held up well these days, but it's not cheap now. You can hold it at this level and be fine going forward.
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He prefers Open Text, but CGI shows some growth. It's held up well these days, but it's not cheap now. You can hold it at this level and be fine going forward.
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Bruce Campbell

President, Campbell and Lee Inv...

Price Price
$83.070
Owned Owned
No

DON'T BUY
CGI Group (A)(GIB.A-T) 

December 14, 2018

It was dead money, so they don't own it now. Prefers Luxoft and EPAM, they're cutting edge.
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It was dead money, so they don't own it now. Prefers Luxoft and EPAM, they're cutting edge.
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Kim Bolton

President , Black Swan Dexterita...

Price Price
$84.310
Owned Owned
No

WAIT
CGI Group (A)(GIB.A-T) 

November 30, 2018

Good company that he's been following, though hasn't put any money in yet. Lots of business is offshore, Europe and US mainly. Waiting for it to pull back, and it hasn't because they keep producing good results. It's a bread-and-butter business, a problem-solver for businesses.
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Good company that he's been following, though hasn't put any money in yet. Lots of business is offshore, Europe and US mainly. Waiting for it to pull back, and it hasn't because they keep producing good results. It's a bread-and-butter business, a problem-solver for businesses.
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David Cockfield

Managing D, Northland Wealth Man...

Price Price
$85.000
Owned Owned
No

TOP PICK
CGI Group (A)(GIB.A-T) 

November 23, 2018

He loves tech which has been punished, because the fundamentals remain strong. The last durable-goods order report stated 20% above average growth for computers and related products. Phenomenal growth historically. Seasonally, it's Dec. 22 - March 13. (Analysts’ price target is $87.74)
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He loves tech which has been punished, because the fundamentals remain strong. The last durable-goods order report stated 20% above average growth for computers and related products. Phenomenal growth historically. Seasonally, it's Dec. 22 - March 13. (Analysts’ price target is $87.74)
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Jon Vialoux

Research A, CastleMoore Inc....

Price Price
$83.280
Owned Owned
Yes

PAST TOP PICK
CGI Group (A)(GIB.A-T) 

November 13, 2018

(A Top Pick Nov 10/17, Up 20%) Long owned this and still likes it. They do half-IT outsourcing and half IT-consulting. The former is long-term with a stable revenue stream. Diversified around Europe and Canada. Good organic growth. She'd buy it around $80 during this pullback. They don't pay a dividend, but they buy back stock. They're introducing more intellectual property in their software which is higher margin.
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(A Top Pick Nov 10/17, Up 20%) Long owned this and still likes it. They do half-IT outsourcing and half IT-consulting. The former is long-term with a stable revenue stream. Diversified around Europe and Canada. Good organic growth. She'd buy it around $80 during this pullback. They don't pay a dividend, but they buy back stock. They're introducing more intellectual property in their software which is higher margin.
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Christine Poole

CEO & Mana, GlobeInvest Capital ...

Price Price
$81.590
Owned Owned
Yes

PAST TOP PICK
CGI Group (A)(GIB.A-T) 

November 1, 2018

(A Top Pick Aug 21/18, Down 4%) He likes the move from this little base pattern to higher highs. He thinks there will be additional choppiness in the near term.
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(A Top Pick Aug 21/18, Down 4%) He likes the move from this little base pattern to higher highs. He thinks there will be additional choppiness in the near term.
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Javed Mirza

Technical , Canaccord Genuity ...

Price Price
$82.000
Owned Owned
Yes

PAST TOP PICK
CGI Group (A)(GIB.A-T) 

October 24, 2018

(Past Top Pick Oct. 18, 2017, Up 17%)  They do IT outsourcing and consulting. They offer modest, but accelerating organic growth. It's very profitable and generates a lot of cash flow. It does some small tuck-in acqusitions. Continues to like it. A lower-beta stock than its tech peers.

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(Past Top Pick Oct. 18, 2017, Up 17%)  They do IT outsourcing and consulting. They offer modest, but accelerating organic growth. It's very profitable and generates a lot of cash flow. It does some small tuck-in acqusitions. Continues to like it. A lower-beta stock than its tech peers.

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Brian Madden

Senior VP , Goodreid Investment ...

Price Price
$78.180
Owned Owned
Yes

WAIT
CGI Group (A)(GIB.A-T) 

October 19, 2018

Has had a great run for a number of years.  They have grown by acquisition over the years.  Organic growth has been an issue.  It has not pulled back to a level that they are looking at it yet.

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Has had a great run for a number of years.  They have grown by acquisition over the years.  Organic growth has been an issue.  It has not pulled back to a level that they are looking at it yet.

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Bryden Teich

Portfolio , Avenue Investment Ma...

Price Price
$78.770
Owned Owned
No

BUY
CGI Group (A)(GIB.A-T) 

October 10, 2018

Has been buying during this pullback, which is an attractive entry point. Their outsourcing businees are long-recurring revenues, which are a defensive cash-flow stream. Seeing good growth in consulting as cybersecurity grows among companies. But pays no dividend. Positioned well, and about to make a purchase which will grow the company.

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Has been buying during this pullback, which is an attractive entry point. Their outsourcing businees are long-recurring revenues, which are a defensive cash-flow stream. Seeing good growth in consulting as cybersecurity grows among companies. But pays no dividend. Positioned well, and about to make a purchase which will grow the company.

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Christine Poole

CEO & Mana, GlobeInvest Capital ...

Price Price
$77.390
Owned Owned
Yes

BUY
CGI Group (A)(GIB.A-T) 

August 27, 2018

He's trimmed a bit. It's gotten expensive, but he likes how it migration to cloud services. They've done well by growing through acquisition. Balance sheet is now great and cash flow is strong. Maybe they're setting up for another purchase.

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He's trimmed a bit. It's gotten expensive, but he likes how it migration to cloud services. They've done well by growing through acquisition. Balance sheet is now great and cash flow is strong. Maybe they're setting up for another purchase.

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John Zechner

Chairman, J. Zechner & Assoc...

Price Price
$84.960
Owned Owned
Yes

TOP PICK
CGI Group (A)(GIB.A-T) 

August 21, 2018

Longer-term uptrend remains intact. Good. It had a pullback, but continues to make new highs. (no dividend, $85.38)

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Longer-term uptrend remains intact. Good. It had a pullback, but continues to make new highs. (no dividend, $85.38)

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Javed Mirza

Technical , Canaccord Genuity ...

Price Price
$84.820
Owned Owned
Yes

WAIT
CGI Group (A)(GIB.A-T) 

August 8, 2018

Hold in their client accounts.  Half of their revenues are contracting IT services and the other half is outsourcing.  They grow organically as well as through mergers and acquisitions.  They are finding acquisitions quite pricey, and are making smaller acquisitions.  Seeing good organic growth with cyber security and financial services. 

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Hold in their client accounts.  Half of their revenues are contracting IT services and the other half is outsourcing.  They grow organically as well as through mergers and acquisitions.  They are finding acquisitions quite pricey, and are making smaller acquisitions.  Seeing good organic growth with cyber security and financial services. 

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Christine Poole

CEO & Mana, GlobeInvest Capital ...

Price Price
$84.100
Owned Owned
Yes

WAIT
CGI Group (A)(GIB.A-T) 

August 8, 2018

Hold in their client accounts.  Half of their revenues are contracting IT services and the other half is outsourcing.  They grow organically as well as through mergers and acquisitions.  They are finding acquisitions quite pricey, and are making smaller acquisitions.  Seeing good organic growth with cyber security and financial services. 

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Hold in their client accounts.  Half of their revenues are contracting IT services and the other half is outsourcing.  They grow organically as well as through mergers and acquisitions.  They are finding acquisitions quite pricey, and are making smaller acquisitions.  Seeing good organic growth with cyber security and financial services. 

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Christine Poole

CEO & Mana, GlobeInvest Capital ...

Price Price
$84.100
Owned Owned
Yes

BUY
CGI Group (A)(GIB.A-T) 

August 1, 2018

He would sit tight on this one. This is a very consistent growth story in the Canadian technology space. Came out with numbers that were slightly below on top line, operating line and earnings. But miss was small. Amount of organic growth has slowed, but historically organic growth is slow. He would continue to hold this stock. They are a prolific cash machine and very profitable. They are buying back stock and making small acquisitions. Does provide double digit earnings growth so provides good value.

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He would sit tight on this one. This is a very consistent growth story in the Canadian technology space. Came out with numbers that were slightly below on top line, operating line and earnings. But miss was small. Amount of organic growth has slowed, but historically organic growth is slow. He would continue to hold this stock. They are a prolific cash machine and very profitable. They are buying back stock and making small acquisitions. Does provide double digit earnings growth so provides good value.

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Brian Madden

Senior VP , Goodreid Investment ...

Price Price
$81.240
Owned Owned
Yes

PAST TOP PICK
CGI Group (A)(GIB.A-T) 

August 1, 2018

(A top pick October 18/17, up 22%) This has been a winner and continue to own it. This is a very consistent growth story in the Canadian technology space. Came out with numbers that were slightly below on top line, operating line and earnings. But miss was small. Amount of organic growth has slowed, but historically organic growth is slow. He would continue to hold this stock. They are a prolific cash machine and very profitable. They are buying back stock and making small acquisitions. Does provide double digit earnings growth so provides good value. He is very comfortable with this name.

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(A top pick October 18/17, up 22%) This has been a winner and continue to own it. This is a very consistent growth story in the Canadian technology space. Came out with numbers that were slightly below on top line, operating line and earnings. But miss was small. Amount of organic growth has slowed, but historically organic growth is slow. He would continue to hold this stock. They are a prolific cash machine and very profitable. They are buying back stock and making small acquisitions. Does provide double digit earnings growth so provides good value. He is very comfortable with this name.

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Brian Madden

Senior VP , Goodreid Investment ...

Price Price
$81.240
Owned Owned
Yes

PAST TOP PICK
CGI Group (A)(GIB.A-T) 

July 10, 2018

(A Top Pick July 12, 2017. Up 27%). This technology company has had a nice rise but she might not buy it at this level. She would make the next buying decision after the next management report, which will come in a month. They are beginning to see good top line growth: 4 or 5%. They are seeing increasing demand from government and commercial clients. Half their business is outsourcing, which tends to be more stable because it offers longer-term engagements. The other half is IT services, which is growing. This is usually a leading indicator for more longer-term outsourcing contracts.

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(A Top Pick July 12, 2017. Up 27%). This technology company has had a nice rise but she might not buy it at this level. She would make the next buying decision after the next management report, which will come in a month. They are beginning to see good top line growth: 4 or 5%. They are seeing increasing demand from government and commercial clients. Half their business is outsourcing, which tends to be more stable because it offers longer-term engagements. The other half is IT services, which is growing. This is usually a leading indicator for more longer-term outsourcing contracts.

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Christine Poole

CEO & Mana, GlobeInvest Capital ...

Price Price
$85.060
Owned Owned
Yes

BUY
CGI Group (A)(GIB.A-T) 

July 9, 2018

It had been a go-nowhere stock for a long time until the beginning of this year and then it popped.  It is a great story and has tones of upside.  It is overbought short term but it has lots of legs and lots of upside ahead of it.

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It had been a go-nowhere stock for a long time until the beginning of this year and then it popped.  It is a great story and has tones of upside.  It is overbought short term but it has lots of legs and lots of upside ahead of it.

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Keith Richards

Portfolio , ValueTrend Wealth Ma...

Price Price
$84.960
Owned Owned
Yes

BUY
CGI Group (A)(GIB.A-T) 

June 28, 2018

He likes this one.  It is good as a long term hold.  It is a secular growth story.  He has owned it for some time.  It grows quickly, about 15% at a compound rate.  17% ROE.  It is trading at the higher end of the valuation bands.  It is about 18 times earnings, typically 15.  It is not as sexy as some of the tech stocks south of the boarder.  There is good reason to believe there is good growth in the pipeline.  Heavy deficit spending in the US is their single biggest customer and this is positive.  They are known for near shoring so they don’t outsource to India and so on.  They have an underleveraged balance sheet.  It is a good long term buy right here.

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He likes this one.  It is good as a long term hold.  It is a secular growth story.  He has owned it for some time.  It grows quickly, about 15% at a compound rate.  17% ROE.  It is trading at the higher end of the valuation bands.  It is about 18 times earnings, typically 15.  It is not as sexy as some of the tech stocks south of the boarder.  There is good reason to believe there is good growth in the pipeline.  Heavy deficit spending in the US is their single biggest customer and this is positive.  They are known for near shoring so they don’t outsource to India and so on.  They have an underleveraged balance sheet.  It is a good long term buy right here.

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Brian Madden

Senior VP , Goodreid Investment ...

Price Price
$83.120
Owned Owned
Yes

BUY on WEAKNESS
CGI Group (A)(GIB.A-T) 

June 14, 2018

IT consulting company. Stock is ahead of itself right now but decent buy if pulls back.

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IT consulting company. Stock is ahead of itself right now but decent buy if pulls back.

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Alex Ruus

Portfolio , Arrow Capital Manage...

Price Price
$81.400
Owned Owned
Unknown

BUY on WEAKNESS
CGI Group (A)(GIB.A-T) 

June 8, 2018

Have owned for many years. Well managed company. Recurring revenue stream, long-term contracts, stable cash flows. Relatively mature business, with some acquisitions. Ready for another big acquisition. Decent organic growth vertically. Older systems that CGI is familiar with are not built to accommodate the access that customers demand. Her target price is $85-87. Likes it long term. Keep holding. Doesn’t pay a dividend.

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Have owned for many years. Well managed company. Recurring revenue stream, long-term contracts, stable cash flows. Relatively mature business, with some acquisitions. Ready for another big acquisition. Decent organic growth vertically. Older systems that CGI is familiar with are not built to accommodate the access that customers demand. Her target price is $85-87. Likes it long term. Keep holding. Doesn’t pay a dividend.

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Christine Poole

CEO & Mana, GlobeInvest Capital ...

Price Price
$80.600
Owned Owned
Yes

BUY

Likes it. A lot of companies, like banks, have outdated computer systems--which CGI updated--so there's a long runway of growth for CGI. He's held this for a long while.

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Likes it. A lot of companies, like banks, have outdated computer systems--which CGI updated--so there's a long runway of growth for CGI. He's held this for a long while.

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Mario Mainelli,

Portfolio , Caldwell Investment ...

Price Price
$77.780
Owned Owned
Yes

PAST TOP PICK

(Past Top Pick on May 16, 2017, Up 16%) They tend to make an acquisition every few years to expand geographic presence or in a certain vertical. Well-managed. Have increased their margins. They're ready to make a large acquisition after making some smaller ones. Their financial services has seen good organic growth. Their business is half-services, half-consulting in IT. Companies need to modernize and digitize to compete with online players. Pays no dividend. Buy for good long-term capital growth.

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(Past Top Pick on May 16, 2017, Up 16%) They tend to make an acquisition every few years to expand geographic presence or in a certain vertical. Well-managed. Have increased their margins. They're ready to make a large acquisition after making some smaller ones. Their financial services has seen good organic growth. Their business is half-services, half-consulting in IT. Companies need to modernize and digitize to compete with online players. Pays no dividend. Buy for good long-term capital growth.

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Christine Poole

CEO & Mana, GlobeInvest Capital ...

Price Price
$77.960
Owned Owned
Yes

PAST TOP PICK

(A Past Top Pick on Feb.5, 2018, Up 6%) He's bearish about this summer and how FANG stocks will do, but Canadian tech stocks like this are overlooked. It's a steady eddy. It has legs. This won't take off, but you won't lose money and will make you a little.

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(A Past Top Pick on Feb.5, 2018, Up 6%) He's bearish about this summer and how FANG stocks will do, but Canadian tech stocks like this are overlooked. It's a steady eddy. It has legs. This won't take off, but you won't lose money and will make you a little.

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Keith Richards

Portfolio , ValueTrend Wealth Ma...

Price Price
$74.420
Owned Owned
Yes

HOLD
CGI Group (A)(GIB.A-T) 

April 16, 2018

This is at a more modest multiple than many tech companies.  They are capable of organic growth.  He might own it at a lower price.  It is a quality company within the industry.  They have good long term contracts. 

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This is at a more modest multiple than many tech companies.  They are capable of organic growth.  He might own it at a lower price.  It is a quality company within the industry.  They have good long term contracts. 

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Michael Sprung

President, Sprung Investment Ma...

Price Price
$72.910
Owned Owned
No

PAST TOP PICK
CGI Group (A)(GIB.A-T) 

April 16, 2018

(A Past Top Pick on May 16, 2017, Up 9%) She's held this for a long time. It's a Canadian IT company that does outsourcing with long-term contracts--a recurring revenue stream that will protect them if the economy weakens. They are 50% in Europe after an acquisition a few years ago. Margins are back up. They're ready to buy a bigger purchase.  They are seeing good organic growth in their vertical markets (i.e. cybersecurity).

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(A Past Top Pick on May 16, 2017, Up 9%) She's held this for a long time. It's a Canadian IT company that does outsourcing with long-term contracts--a recurring revenue stream that will protect them if the economy weakens. They are 50% in Europe after an acquisition a few years ago. Margins are back up. They're ready to buy a bigger purchase.  They are seeing good organic growth in their vertical markets (i.e. cybersecurity).

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Christine Poole

CEO & Mana, GlobeInvest Capital ...

Price Price
$72.910
Owned Owned
Yes

TOP PICK
CGI Group (A)(GIB.A-T) 

April 4, 2018

A great compounder of wealth for many years.  It is Canada’s largest IT outsourcing company with most of its revenue coming from outside Canada.  Their largest customer is the US military.  They have the balance sheet strength to pull off a large acquisition.  Yield 0%.  (Analysts’ price target is $75.35 )

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A great compounder of wealth for many years.  It is Canada’s largest IT outsourcing company with most of its revenue coming from outside Canada.  Their largest customer is the US military.  They have the balance sheet strength to pull off a large acquisition.  Yield 0%.  (Analysts’ price target is $75.35 )

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Brian Madden

Senior VP , Goodreid Investment ...

Price Price
$74.450
Owned Owned
Yes

PAST TOP PICK
CGI Group (A)(GIB.A-T) 

April 4, 2018

(A Top Pick May 24/17 Up 12.3 %). Boring is beautiful for this tech stock.  As Canada’s largest IT consulting company it has long term favorable margin opportunities.  He is expecting the new CEO to possibly acquire something soon. 

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(A Top Pick May 24/17 Up 12.3 %). Boring is beautiful for this tech stock.  As Canada’s largest IT consulting company it has long term favorable margin opportunities.  He is expecting the new CEO to possibly acquire something soon. 

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Brian Madden

Senior VP , Goodreid Investment ...

Price Price
$74.450
Owned Owned
Yes

BUY
CGI Group (A)(GIB.A-T) 

March 27, 2018

Buy and put it away. Their business model works: make acquitions in software services, generate cash flow and pay down debt. Balance sheet is in great shape. Cloud services are giving them a lift too. Their multiple is in the low teens.

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Buy and put it away. Their business model works: make acquitions in software services, generate cash flow and pay down debt. Balance sheet is in great shape. Cloud services are giving them a lift too. Their multiple is in the low teens.

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John Zechner

Chairman, J. Zechner & Assoc...

Price Price
$73.240
Owned Owned
Yes

DON'T BUY
CGI Group (A)(GIB.A-T) 

March 26, 2018

He thinks CGI has a very stable business driven by government programs.  He bets there could be some road blocks getting business done in the US as a significant Canadian company.  He holds a small position in their large-cap group, but would be looking to trim that down. 

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He thinks CGI has a very stable business driven by government programs.  He bets there could be some road blocks getting business done in the US as a significant Canadian company.  He holds a small position in their large-cap group, but would be looking to trim that down. 

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James Hodgins

Chief Inve, Curvature Hedge Stra...

Price Price
$74.470
Owned Owned
Yes

WATCH
CGI Group (A)(GIB.A-T) 

March 21, 2018

He does not own this company presently, but it ranks highly in their database.  They do not pay a dividend despite an 18% ROE and earnings are expected to grow.  They are a highly disciplined company that has been successful at growing by acquisition.  Overall, they are waiting for another large acquisition.  Yield 0%. 

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He does not own this company presently, but it ranks highly in their database.  They do not pay a dividend despite an 18% ROE and earnings are expected to grow.  They are a highly disciplined company that has been successful at growing by acquisition.  Overall, they are waiting for another large acquisition.  Yield 0%. 

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Robert McWhirte

President, Selective Asset Mana...

Price Price
$75.300
Owned Owned
No

TOP PICK
CGI Group (A)(GIB.A-T) 

March 19, 2018

He still likes this one.  IT services will continue to grow and they have been replacing lower margin contracts with better margin ones.  Yield 0%.  (Analysts’ price target is $75.35 )

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He still likes this one.  IT services will continue to grow and they have been replacing lower margin contracts with better margin ones.  Yield 0%.  (Analysts’ price target is $75.35 )

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William Chin

Portfolio , Caldwell Investment ...

Price Price
$75.960
Owned Owned
Yes

PAST TOP PICK
CGI Group (A)(GIB.A-T) 

March 19, 2018

(A Top Pick December 29/17 Up 11%). This IT technology consulting company has been very successful. 

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(A Top Pick December 29/17 Up 11%). This IT technology consulting company has been very successful. 

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William Chin

Portfolio , Caldwell Investment ...

Price Price
$75.960
Owned Owned
Yes

BUY on WEAKNESS
CGI Group (A)(GIB.A-T) 

March 8, 2018

IT services company. They are well positioned. Her target for this stock is in the mid-80s. A play in the cybersecurity and need for companies to digitize and automatize their processes. Nice long-term hold. For new clients she has been waiting for a pullback in the stock. 

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IT services company. They are well positioned. Her target for this stock is in the mid-80s. A play in the cybersecurity and need for companies to digitize and automatize their processes. Nice long-term hold. For new clients she has been waiting for a pullback in the stock. 

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Christine Poole

CEO & Mana, GlobeInvest Capital ...

Price Price
$76.410
Owned Owned
Yes

BUY
CGI Group (A)(GIB.A-T) 

February 13, 2018

She likes this stock. Half its revenues are from IT outsourcing, which yields a long-term recurring revenue stream. The other half is from consulting. The company typically does a large acquisition every few years. They are very disciplined about how much they pay and they have not made a large acquisition since 2012. They are growing organically in the US in federal markets.

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She likes this stock. Half its revenues are from IT outsourcing, which yields a long-term recurring revenue stream. The other half is from consulting. The company typically does a large acquisition every few years. They are very disciplined about how much they pay and they have not made a large acquisition since 2012. They are growing organically in the US in federal markets.

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Christine Poole

CEO & Mana, GlobeInvest Capital ...

Price Price
$72.760
Owned Owned
Yes

TOP PICK
CGI Group (A)(GIB.A-T) 

February 5, 2018

This is his favorite Canadian tech stock. Owns a substantial position in it, it is showing technical life (breaking out). He sees this as a stock that was steady and neglected but it is starting to get noticed. (Analysts' price target $75.19).

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This is his favorite Canadian tech stock. Owns a substantial position in it, it is showing technical life (breaking out). He sees this as a stock that was steady and neglected but it is starting to get noticed. (Analysts' price target $75.19).

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Keith Richards

Portfolio , ValueTrend Wealth Ma...

Price Price
$70.530
Owned Owned
Yes

COMMENT
CGI Group (A)(GIB.A-T) 

January 15, 2018

An extremely well-managed company, and they’ve gone from just being a Canadian regional company in the late 90s, to being one of the global giants in outsourcing of IT. Have made a lot of acquisitions and integrated them well. Expects they will continue doing so. One of the few Canadian technology companies that is big and global, and a core holding in most Canadian institutional portfolios. Thinks it will gradual move upward for quite a while.

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An extremely well-managed company, and they’ve gone from just being a Canadian regional company in the late 90s, to being one of the global giants in outsourcing of IT. Have made a lot of acquisitions and integrated them well. Expects they will continue doing so. One of the few Canadian technology companies that is big and global, and a core holding in most Canadian institutional portfolios. Thinks it will gradual move upward for quite a while.

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Bruce Murray

CEO & Chie, The Murray Wealth Gr...

Price Price
$67.370
Owned Owned
Unknown

PAST TOP PICK
CGI Group (A)(GIB.A-T) 

January 9, 2018

(A Top Pick Jan 11/17. Up 3%.) Still likes this. Half the company is outsourcing and half is systems integration. The outsourcing is a recurring revenue stream. They are seeing solid organic growth from their financial service end market, as older financial firms are having to modernize their systems. Attractively valued, so it is still a Buy. Doesn’t pay a dividend, which is a drawback for income investors.

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(A Top Pick Jan 11/17. Up 3%.) Still likes this. Half the company is outsourcing and half is systems integration. The outsourcing is a recurring revenue stream. They are seeing solid organic growth from their financial service end market, as older financial firms are having to modernize their systems. Attractively valued, so it is still a Buy. Doesn’t pay a dividend, which is a drawback for income investors.

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Christine Poole

CEO & Mana, GlobeInvest Capital ...

Price Price
$67.030
Owned Owned
Yes

PAST TOP PICK
CGI Group (A)(GIB.A-T) 

December 29, 2017

(A Top Pick Oct 20/17. Up 2%.) He still likes this. This is IT consulting, and in today's technology heavy world, medium size or smaller businesses find it more challenging every day, to manage the IT side of things. The technology is so sophisticated and the costs are so high, they tend to farm it out, and this company is in the sweet spot in a very, very desirable space.

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(A Top Pick Oct 20/17. Up 2%.) He still likes this. This is IT consulting, and in today's technology heavy world, medium size or smaller businesses find it more challenging every day, to manage the IT side of things. The technology is so sophisticated and the costs are so high, they tend to farm it out, and this company is in the sweet spot in a very, very desirable space.

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0 0 0 0 0
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William Chin

Portfolio , Caldwell Investment ...

Price Price
$68.300
Owned Owned
Yes

TOP PICK
CGI Group (A)(GIB.A-T) 

December 29, 2017

Chart shows this has been in an up channel since August. The key support is at around $66. Fundamentally, the productivity, security and being competitive is what all companies are looking for these days to stay in business and stay profitable. Outsourcing IT is very important for them to get the maximum for their IT bucks. The growth profile is very good. They’ve had some lower margin contracts expiring, and are replacing them with higher margin ones. Also, they are good acquirers of other businesses. (Analysts' price target is $74.)

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Chart shows this has been in an up channel since August. The key support is at around $66. Fundamentally, the productivity, security and being competitive is what all companies are looking for these days to stay in business and stay profitable. Outsourcing IT is very important for them to get the maximum for their IT bucks. The growth profile is very good. They’ve had some lower margin contracts expiring, and are replacing them with higher margin ones. Also, they are good acquirers of other businesses. (Analysts' price target is $74.)

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William Chin

Portfolio , Caldwell Investment ...

Price Price
$68.300
Owned Owned
Yes

HOLD
CGI Group (A)(GIB.A-T) 

November 28, 2017

Period of seasonal strength is from about mid-October until about the end of January. Technically it has a long-term upward trend. It’s just reached an all-time high.

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Period of seasonal strength is from about mid-October until about the end of January. Technically it has a long-term upward trend. It’s just reached an all-time high.

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Don Vialoux

Research A, TimingTheMarket.CA &...

Price Price
$68.730
Owned Owned
Unknown

TOP PICK
CGI Group (A)(GIB.A-T) 

November 13, 2017

He likes value combined with momentum.  It is the strategy that works.  This is a leading Canadian IT company and there will be continuing demand for consulting services around the world.  Margins have been expanding There are more M&A opportunities as well.  (Analysts’ target: $74.00).

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He likes value combined with momentum.  It is the strategy that works.  This is a leading Canadian IT company and there will be continuing demand for consulting services around the world.  Margins have been expanding There are more M&A opportunities as well.  (Analysts’ target: $74.00).

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Brendan Caldwel

President, Caldwell Securities...

Price Price
$67.420
Owned Owned
Yes

TOP PICK
CGI Group (A)(GIB.A-T) 

November 10, 2017

About half their revenue comes from outsourcing on long-term contracts, which are reoccurring, and the other half is systems integration consulting contracts. They are well positioned on the technology trends, with everybody having to develop a digital platform and automate processes for artificial intelligence. Companies are having to look at their legacy technology systems, and upgrade to make them more digital, online. When you do that, you are inviting customers and the world onto your website, which means cyber Security is another issue. This company has solutions to address all these metrics. Very global with about 50% from Europe, 30% in the US and the balance in Canada and Asia. (Analysts’ price target is $74.)

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About half their revenue comes from outsourcing on long-term contracts, which are reoccurring, and the other half is systems integration consulting contracts. They are well positioned on the technology trends, with everybody having to develop a digital platform and automate processes for artificial intelligence. Companies are having to look at their legacy technology systems, and upgrade to make them more digital, online. When you do that, you are inviting customers and the world onto your website, which means cyber Security is another issue. This company has solutions to address all these metrics. Very global with about 50% from Europe, 30% in the US and the balance in Canada and Asia. (Analysts’ price target is $74.)

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Christine Poole

CEO & Mana, GlobeInvest Capital ...

Price Price
$67.650
Owned Owned
Yes

BUY
CGI Group (A)(GIB.A-T) 

October 30, 2017

They can acquire businesses at attractive valuations then run them well.  He likes it a lot and thinks the management team is top notch.

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They can acquire businesses at attractive valuations then run them well.  He likes it a lot and thinks the management team is top notch.

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Jordan McNamee

Portfolio , Cambridge Global Ass...

Price Price
$69.000
Owned Owned
Yes

COMMENT
CGI Group (A)(GIB.A-T) 

October 27, 2017

An interesting company that offers solutions to people with problems in the computer area. This is a growth stock. The PE is reasonable. If you want a growth stock, it’s not a bad stock to own. It’s not just in Canada and the US, but also in Europe.

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An interesting company that offers solutions to people with problems in the computer area. This is a growth stock. The PE is reasonable. If you want a growth stock, it’s not a bad stock to own. It’s not just in Canada and the US, but also in Europe.

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David Cockfield

Managing D, Northland Wealth Man...

Price Price
$68.760
Owned Owned
No

TOP PICK
CGI Group (A)(GIB.A-T) 

October 20, 2017

A big IT consulting firm. Has very good contracts. Management is doing very well. The balance sheet is very strong. The chart shows it is steadily going higher. As technology gets more sophisticated, companies are finding it difficult to keep abreast of the changes, so there is more and more outsourcing taking place. (Analysts’ price target is $74.)

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A big IT consulting firm. Has very good contracts. Management is doing very well. The balance sheet is very strong. The chart shows it is steadily going higher. As technology gets more sophisticated, companies are finding it difficult to keep abreast of the changes, so there is more and more outsourcing taking place. (Analysts’ price target is $74.)

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0 0 0 0 0
0 comments
William Chin

Portfolio , Caldwell Investment ...

Price Price
$66.860
Owned Owned
Yes

TOP PICK
CGI Group (A)(GIB.A-T) 

October 18, 2017

There is a new CEO in the last year.  It is likely he will put his stamp on the company in some form.  It is Canada’s largest IT services company.  They could make a transformational acquisition.  They have a history of doing this.  It is a good play on the US economy where they have their largest customer.  (Analysts’ target: $74.00).

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There is a new CEO in the last year.  It is likely he will put his stamp on the company in some form.  It is Canada’s largest IT services company.  They could make a transformational acquisition.  They have a history of doing this.  It is a good play on the US economy where they have their largest customer.  (Analysts’ target: $74.00).

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Brian Madden

Senior VP , Goodreid Investment ...

Price Price
$66.780
Owned Owned
Yes

BUY
CGI Group (A)(GIB.A-T) 

October 2, 2017

The period of seasonal strength is from now until January.  The stock has good support and there is a good chance it will move above resistance. 

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The period of seasonal strength is from now until January.  The stock has good support and there is a good chance it will move above resistance. 

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Don Vialoux

Research A, TimingTheMarket.CA &...

Price Price
$64.400
Owned Owned
Unknown

BUY
CGI Group (A)(GIB.A-T) 

September 28, 2017

He likes this at these levels. He models an 8% EPS growth. Thinks you will get share buybacks and margin expansion. There is capital employment opportunity and tuck-in acquisitions. It is a pretty fragmented sector. The only bad thing is its price. It is trading at around 17X versus 15X its 5-year average. There are also the rising Cdn$ headwinds.

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He likes this at these levels. He models an 8% EPS growth. Thinks you will get share buybacks and margin expansion. There is capital employment opportunity and tuck-in acquisitions. It is a pretty fragmented sector. The only bad thing is its price. It is trading at around 17X versus 15X its 5-year average. There are also the rising Cdn$ headwinds.

consulting
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Greg Newman

Director &, Scotia Wealth Manage...

Price Price
$64.250
Owned Owned
Unknown

PAST TOP PICK
CGI Group (A)(GIB.A-T) 

September 12, 2017

(A Top Pick Sept 13/16. Up 4%.) Was surprised this has not done better. She still likes the stock. A great growth name. They don’t pay a dividend, so are definitely interested in growing their business and reinvesting in the business, outsourcing and integration. Outsourcing is on long-term contracts which has more stable cash flow streams. Every few years, this tends to do a large acquisition to increase their geographic scope or their vertical they want to increase their presence. They are ready to do another acquisition, but haven’t been able to find anything that fits their financial discipline, so have been making a lot of smaller tuck in acquisitions. They are seeing good pickup in organic growth, particularly with the whole issues of Cyber Security and automating processes to compete with new technologies. Cyber Security is going to be an ongoing trend.

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(A Top Pick Sept 13/16. Up 4%.) Was surprised this has not done better. She still likes the stock. A great growth name. They don’t pay a dividend, so are definitely interested in growing their business and reinvesting in the business, outsourcing and integration. Outsourcing is on long-term contracts which has more stable cash flow streams. Every few years, this tends to do a large acquisition to increase their geographic scope or their vertical they want to increase their presence. They are ready to do another acquisition, but haven’t been able to find anything that fits their financial discipline, so have been making a lot of smaller tuck in acquisitions. They are seeing good pickup in organic growth, particularly with the whole issues of Cyber Security and automating processes to compete with new technologies. Cyber Security is going to be an ongoing trend.

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0 0 0 0 0
0 comments
Christine Poole

CEO & Mana, GlobeInvest Capital ...

Price Price
$63.230
Owned Owned
Yes

COMMENT
CGI Group (A)(GIB.A-T) 

September 11, 2017

TSX Infotech sector? He would look at this and Open Text (OTEX-T). He doesn’t look at this one too much, because it doesn’t pay a dividend, but it has been a very good performer.

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TSX Infotech sector? He would look at this and Open Text (OTEX-T). He doesn’t look at this one too much, because it doesn’t pay a dividend, but it has been a very good performer.

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Darren Sissons

Vice Presi, Campbell Lee & Ross...

Price Price
$63.300
Owned Owned
Unknown

COMMENT
CGI Group (A)(GIB.A-T) 

September 8, 2017

A company that is a little unique in Canada. A computer services company which can do your programs. There was a big fuss because they got some programs screwed up in the US. A little scary in that it is a very volatile, but the multiple is not outrageous. This is something he might consider participating in, in the future. Most of their programming is in Europe, so it is different for a Canadian company.

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A company that is a little unique in Canada. A computer services company which can do your programs. There was a big fuss because they got some programs screwed up in the US. A little scary in that it is a very volatile, but the multiple is not outrageous. This is something he might consider participating in, in the future. Most of their programming is in Europe, so it is different for a Canadian company.

consulting
0 0 0 0 0
0 comments
David Cockfield

Managing D, Northland Wealth Man...

Price Price
$63.050
Owned Owned
No

BUY
CGI Group (A)(GIB.A-T) 

August 30, 2017

Canada’s largest provider of outsourcing IT services and solutions. Trades at a modest multiple on earnings of about 16 or 17 times. New management has ambitious plans to double the size of the company over the next 5-7 years. They’ve been doing small tuck in mergers and acquisitions.

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Canada’s largest provider of outsourcing IT services and solutions. Trades at a modest multiple on earnings of about 16 or 17 times. New management has ambitious plans to double the size of the company over the next 5-7 years. They’ve been doing small tuck in mergers and acquisitions.

consulting
0 0 0 0 0
0 comments
Brian Madden

Senior VP , Goodreid Investment ...

Price Price
$63.100
Owned Owned
Yes

PAST TOP PICK
CGI Group (A)(GIB.A-T) 

August 23, 2017

(Top Pick Sep 2/16, Down 3.15%)  It has great valuation and is stable.  They are doing more and more tuck-in acquisitions.  They are still on the hunt for the ‘big’ acquisition.  It is still cheap.  18% ROE.  Price momentum is starting to wane.  They can grow by acquisition. 

consulting
0 0 0 0 0
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(Top Pick Sep 2/16, Down 3.15%)  It has great valuation and is stable.  They are doing more and more tuck-in acquisitions.  They are still on the hunt for the ‘big’ acquisition.  It is still cheap.  18% ROE.  Price momentum is starting to wane.  They can grow by acquisition. 

consulting
0 0 0 0 0
0 comments
Jason Mann

CIO & Co-F, Edgehill Patners...

Price Price
$62.590
Owned Owned
Yes

BUY
CGI Group (A)(GIB.A-T) 

August 11, 2017

Open Text (OTEX-T) or CGI Group (GIB.A-T)? These are in different businesses. This one does not carry a dividend, and if you don’t have a requirement for that, this is a high-quality company. Both are good companies and he would have no trouble buying them here.

consulting
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Open Text (OTEX-T) or CGI Group (GIB.A-T)? These are in different businesses. This one does not carry a dividend, and if you don’t have a requirement for that, this is a high-quality company. Both are good companies and he would have no trouble buying them here.

consulting
0 0 0 0 0
0 comments
Darren Sissons

Vice Presi, Campbell Lee & Ross...

Price Price
$62.890
Owned Owned
Unknown

PAST TOP PICK
CGI Group (A)(GIB.A-T) 

August 10, 2017

(A Top Pick Aug 10/16. Down 2.38%.) Has been really disappointing. Revenue growth picked up nicely and margins started to expand, outside of this one quarter, where they are starting to make some investments into the demand they are seeing. That hit margins a little. She feels the market just got a little ahead of itself. Trading at a pretty decent discount at this point.

consulting
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(A Top Pick Aug 10/16. Down 2.38%.) Has been really disappointing. Revenue growth picked up nicely and margins started to expand, outside of this one quarter, where they are starting to make some investments into the demand they are seeing. That hit margins a little. She feels the market just got a little ahead of itself. Trading at a pretty decent discount at this point.

consulting
0 0 0 0 0
0 comments
Jennifer Radman

VP & Sr. P, Caldwell Investment ...

Price Price
$62.700
Owned Owned
Yes

COMMENT
CGI Group (A)(GIB.A-T) 

August 8, 2017

He is looking at all the Canadian tech stocks, simply because they are down relative to the US ones. This one is reasonably valued and is a fine company. They do a nice job in their contract work and it is a stable producer.

consulting
0 0 0 0 0
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He is looking at all the Canadian tech stocks, simply because they are down relative to the US ones. This one is reasonably valued and is a fine company. They do a nice job in their contract work and it is a stable producer.

consulting
0 0 0 0 0
0 comments
Lyle Stein

Sr. Portfo, Vestcap Investment M...

Price Price
$64.060
Owned Owned
No

TOP PICK
CGI Group (A)(GIB.A-T) 

August 2, 2017

This company benefits from the transition to the Cloud. Thinks they will benefit from a combination of acquisitions and a transition from on-premises computing to off-premises computing, which really is the Cloud. A very significant size of their business is in Europe, where a lot of companies are in the early stages of making a migration to the Cloud. (Analysts’ price target is $74.)

consulting
0 0 0 0 0
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This company benefits from the transition to the Cloud. Thinks they will benefit from a combination of acquisitions and a transition from on-premises computing to off-premises computing, which really is the Cloud. A very significant size of their business is in Europe, where a lot of companies are in the early stages of making a migration to the Cloud. (Analysts’ price target is $74.)

consulting
0 0 0 0 0
0 comments
Andy Nasr

VP & Inves, Sentry Investments...

Price Price
$64.260
Owned Owned
Yes

COMMENT
CGI Group (A)(GIB.A-T) 

July 18, 2017

A great company. Technology and technology services is likely to continue to do very, very well. This company has a very large and diversified business, a lot of it in the US.

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A great company. Technology and technology services is likely to continue to do very, very well. This company has a very large and diversified business, a lot of it in the US.

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David Burrows

President , Barometer Capital Ma...

Price Price
$66.490
Owned Owned
Unknown

PAST TOP PICK
CGI Group (A)(GIB.A-T) 

July 17, 2017

(Top Pick Apr 8/16, Up 6.35%) He likes the tech business. He likes what they have been able to do. They are a world leader.  He feels very strongly about CGI. He would still buy it.

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(Top Pick Apr 8/16, Up 6.35%) He likes the tech business. He likes what they have been able to do. They are a world leader.  He feels very strongly about CGI. He would still buy it.

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Brendan Caldwel

President, Caldwell Securities...

Price Price
$66.250
Owned Owned
Yes

TOP PICK
CGI Group (A)(GIB.A-T) 

July 12, 2017

This has outsourcing with about 55% of their business. Systems integration and contracting is about 45%. The 55% is very much a reoccurring revenue stream, so is a stable stream of cash. Every few years they tend to make a large acquisition that either broadens their geography or deepens them in a vertical market. Logical was the last acquisition a few years ago that really gave them exposure in Europe. It was not a well-run company and margins were much lower. They brought them back up, and Europe is now about 55% of their business. They are ready to make another large acquisition, but are very disciplined on pricing, so are making smaller acquisitions. Organic growth is picking up. (Analysts’ price target is $74.)

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This has outsourcing with about 55% of their business. Systems integration and contracting is about 45%. The 55% is very much a reoccurring revenue stream, so is a stable stream of cash. Every few years they tend to make a large acquisition that either broadens their geography or deepens them in a vertical market. Logical was the last acquisition a few years ago that really gave them exposure in Europe. It was not a well-run company and margins were much lower. They brought them back up, and Europe is now about 55% of their business. They are ready to make another large acquisition, but are very disciplined on pricing, so are making smaller acquisitions. Organic growth is picking up. (Analysts’ price target is $74.)

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Christine Poole

CEO & Mana, GlobeInvest Capital ...

Price Price
$66.620
Owned Owned
Yes

HOLD
CGI Group (A)(GIB.A-T) 

July 4, 2017

Of Canadian tech stocks, this one would be right at the top. Not particularly cheap. He tends to get his tech exposure in the US, where there is more variation.

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Of Canadian tech stocks, this one would be right at the top. Not particularly cheap. He tends to get his tech exposure in the US, where there is more variation.

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Bruce Campbell

President, Campbell and Lee Inv...

Price Price
$65.580
Owned Owned
Unknown

COMMENT
CGI Group (A)(GIB.A-T) 

May 26, 2017

Solid stuff. Might be the best example of a Canadian company that has got itself thoroughly qualified, partly by acquisitions. In the US defence sector, aircraft companies and working for the US government. This should continue to be very, very strong globally.

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Solid stuff. Might be the best example of a Canadian company that has got itself thoroughly qualified, partly by acquisitions. In the US defence sector, aircraft companies and working for the US government. This should continue to be very, very strong globally.

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Michael Smedley

Exec VP & , Morgan Meighan & Ass...

Price Price
$66.210
Owned Owned
Unknown

TOP PICK
CGI Group (A)(GIB.A-T) 

May 24, 2017

Canada’s largest IT service’s provider. They do systems/integration, business process outsourcing and consulting. Has a very wide array of clients, the largest of which would be the US government, but they also cater to big multinationals and telecoms, energy, manufacturing and retailing. They are introducing more and more of their intellectual property into their clients’ solutions. They’ve also been a very good acquirer of businesses. (Analysts’ price target is $74.00.)

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Canada’s largest IT service’s provider. They do systems/integration, business process outsourcing and consulting. Has a very wide array of clients, the largest of which would be the US government, but they also cater to big multinationals and telecoms, energy, manufacturing and retailing. They are introducing more and more of their intellectual property into their clients’ solutions. They’ve also been a very good acquirer of businesses. (Analysts’ price target is $74.00.)

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Brian Madden

Senior VP , Goodreid Investment ...

Price Price
$65.970
Owned Owned
Yes

COMMENT
CGI Group (A)(GIB.A-T) 

May 23, 2017

He really likes the tech space, and tech services which this company is in. The stock has been acting well and he would like to see it trade through $67 and $68. At this price, it looks quite attractive.

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He really likes the tech space, and tech services which this company is in. The stock has been acting well and he would like to see it trade through $67 and $68. At this price, it looks quite attractive.

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David Burrows

President , Barometer Capital Ma...

Price Price
$65.780
Owned Owned
No

TOP PICK
CGI Group (A)(GIB.A-T) 

May 16, 2017

A large IT services company. Half their revenues come from outsourcing from long-term contracts. The other half is systems integration and projects. A very well-run company and very global. Half their revenues come from Europe, an acquisition they did in 2012, which had very low margins. CGI improved those margins back to company levels. About 20% is from the US, 50% from Canada, and the rest from Asia. Every few years, they tend to make a large acquisition to expand their geographic scope or a particular vertical they want to be in. (Analysts’ price target is $74.)

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A large IT services company. Half their revenues come from outsourcing from long-term contracts. The other half is systems integration and projects. A very well-run company and very global. Half their revenues come from Europe, an acquisition they did in 2012, which had very low margins. CGI improved those margins back to company levels. About 20% is from the US, 50% from Canada, and the rest from Asia. Every few years, they tend to make a large acquisition to expand their geographic scope or a particular vertical they want to be in. (Analysts’ price target is $74.)

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Christine Poole

CEO & Mana, GlobeInvest Capital ...

Price Price
$66.910
Owned Owned
Yes

COMMENT

Chart shows this is moving sideways. He would need it to break out of its pattern before he would be remotely interested, and would prefer to buy it higher. If it doesn’t break $65-$66 meaningfully, he expects it will move back down to the bottom of its trading channel. It doesn’t interest him.

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Chart shows this is moving sideways. He would need it to break out of its pattern before he would be remotely interested, and would prefer to buy it higher. If it doesn’t break $65-$66 meaningfully, he expects it will move back down to the bottom of its trading channel. It doesn’t interest him.

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Keith Richards

Portfolio , ValueTrend Wealth Ma...

Price Price
$65.550
Owned Owned
Unknown

COMMENT
CGI Group (A)(GIB.A-T) 

April 28, 2017

This has grown both organically and by acquisition. They have really taken advantage of the trend to outsource computer systems, programming, etc. This has always traded at multiples that have not been appealing to him as a value investor. If you own, it never hurts to take a profit.

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This has grown both organically and by acquisition. They have really taken advantage of the trend to outsource computer systems, programming, etc. This has always traded at multiples that have not been appealing to him as a value investor. If you own, it never hurts to take a profit.

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Michael Sprung

President, Sprung Investment Ma...

Price Price
$65.930
Owned Owned
No

HOLD
CGI Group (A)(GIB.A-T) 

April 10, 2017

They are a consolidator.  It is one of Canada’s few successful tech companies.  Over 5 years you have not done badly.  Stick with it.

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They are a consolidator.  It is one of Canada’s few successful tech companies.  Over 5 years you have not done badly.  Stick with it.

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Gavin Graham

Trustee, Pointbreak ETFs...

Price Price
$62.980
Owned Owned
Unknown

DON'T BUY
CGI Group (A)(GIB.A-T) 

April 6, 2017

This space has been sideways for some time. He uses his cues from the technical side of things, and if a stock in a sector is not really moving forward with a lot of the other names, particularly south of the border, then you want to look south of the border for names.

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This space has been sideways for some time. He uses his cues from the technical side of things, and if a stock in a sector is not really moving forward with a lot of the other names, particularly south of the border, then you want to look south of the border for names.

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Stan Wong

Director &, Private Wealth Manag...

Price Price
$63.200
Owned Owned
No

BUY
CGI Group (A)(GIB.A-T) 

April 5, 2017

Has kept a close eye on this and has a lot of respect for it. A growth company and has never paid a dividend. The new CEO has been there for about a year and the balance sheet has been substantially deleveraged. It has been about 5 years since the last major acquisition. Generally, they create value when they make acquisitions, and the new CEO is probably going to want to put his stamp on the company. The company has decent organic growth. Not overpriced.

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Has kept a close eye on this and has a lot of respect for it. A growth company and has never paid a dividend. The new CEO has been there for about a year and the balance sheet has been substantially deleveraged. It has been about 5 years since the last major acquisition. Generally, they create value when they make acquisitions, and the new CEO is probably going to want to put his stamp on the company. The company has decent organic growth. Not overpriced.

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Brian Madden

Senior VP , Goodreid Investment ...

Price Price
$63.420
Owned Owned
No

PAST TOP PICK
CGI Group (A)(GIB.A-T) 

March 2, 2017

(A Top Pick Nov 25/16. Down 3.73%.) This has been stuck in the mud, which has been frustrating because technology has done phenomenally well. It was the right space, but the wrong pick. Technology tends to do well between October and January. This one has just been stuck in a consolidation range.

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(A Top Pick Nov 25/16. Down 3.73%.) This has been stuck in the mud, which has been frustrating because technology has done phenomenally well. It was the right space, but the wrong pick. Technology tends to do well between October and January. This one has just been stuck in a consolidation range.

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Jon Vialoux

Research A, CastleMoore Inc....

Price Price
$62.140
Owned Owned
No

BUY
CGI Group (A)(GIB.A-T) 

February 27, 2017

Growing rapidly. 55% of revenues are from Europe. It has shown very, very good low volatility nature over the years. Probably something that you want to own. He’s always preferred looking at an Open Text (OTEX-T), Constellation Software (CSU-T) or in the IT area.

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Growing rapidly. 55% of revenues are from Europe. It has shown very, very good low volatility nature over the years. Probably something that you want to own. He’s always preferred looking at an Open Text (OTEX-T), Constellation Software (CSU-T) or in the IT area.

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Mike S. Newton,

Director &, Scotia Wealth Manage...

Price Price
$61.550
Owned Owned
No

BUY
CGI Group (A)(GIB.A-T) 

February 24, 2017

One of the best companies in Canada, and one of the better operators. A tremendous running machine. They conduct more than 10,000 interviews with their clients, current and prospective, to establish trends of what is happening and what clients are expecting. Feels the business will continue to grow, especially in the US, both in government and on the commercial side. They will continue seeing great results on ROE and free cash flow generation. This is one you should buy and hold for the longer-term.

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One of the best companies in Canada, and one of the better operators. A tremendous running machine. They conduct more than 10,000 interviews with their clients, current and prospective, to establish trends of what is happening and what clients are expecting. Feels the business will continue to grow, especially in the US, both in government and on the commercial side. They will continue seeing great results on ROE and free cash flow generation. This is one you should buy and hold for the longer-term.

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Andrey Omelchak

President , LionGuard Capital Ma...

Price Price
$61.700
Owned Owned
Unknown

PAST TOP PICK
CGI Group (A)(GIB.A-T) 

February 13, 2017

(A Top Pick Feb 16/16. Up 13.14%.) This just continues to grow. Single digit organic growth, but they’ve added well with acquisitions. New management is talking about a lot more opportunities going forward and being able to derive higher margins. Somewhat expensive at these levels, but he still likes it.

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(A Top Pick Feb 16/16. Up 13.14%.) This just continues to grow. Single digit organic growth, but they’ve added well with acquisitions. New management is talking about a lot more opportunities going forward and being able to derive higher margins. Somewhat expensive at these levels, but he still likes it.

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John Zechner

Chairman, J. Zechner & Assoc...

Price Price
$64.020
Owned Owned
Yes

TOP PICK
CGI Group (A)(GIB.A-T) 

February 1, 2017

Computer consulting and services provider. Consulting is a big growth area. He likes this one in particular because they are exiting a lot of their lower margin contracts, so he expects a margin improvement over the next several months. They have been on the acquisition trail. (Analysts’ price target is $70.32.)

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Computer consulting and services provider. Consulting is a big growth area. He likes this one in particular because they are exiting a lot of their lower margin contracts, so he expects a margin improvement over the next several months. They have been on the acquisition trail. (Analysts’ price target is $70.32.)

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Brendan Caldwel

President, Caldwell Securities...

Price Price
$63.850
Owned Owned
Yes

HOLD
CGI Group (A)(GIB.A-T) 

January 30, 2017

The long term trend is pretty good, but in the last year it has been pretty flat.  He would not be too worried about it until the long term trend is broken.  (Analysts target: $70).  You want to trim near $70.

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The long term trend is pretty good, but in the last year it has been pretty flat.  He would not be too worried about it until the long term trend is broken.  (Analysts target: $70).  You want to trim near $70.

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Larry Berman CF

Chief Inve, ETF Capital Manageme...

Price Price
$63.130
Owned Owned
Unknown

TOP PICK
CGI Group (A)(GIB.A-T) 

January 11, 2017

Half their business is outsourcing and the other half is consulting. The outsourcing part is long-term contracts with a nice recurring revenue stream. Their last acquisition was Logitech a few years ago, so their exposure to Europe is quite high. They are in a position to make another acquisition to grow a vertical market or geographically, and she thinks their preference is in the US. They are quite stringent on guidelines as to how much they are going to pay. Meanwhile they are actually seen some nice organic growth in the financial vertical. That industry is experiencing new competition in terms of new FinTech start-up companies, which is stirring the incumbents to increase productivity, cut costs and outsource, which all benefits CGI. On the whole digital arena, they provide fibre safe security. (Analysts’ price target is $70.55.)

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Half their business is outsourcing and the other half is consulting. The outsourcing part is long-term contracts with a nice recurring revenue stream. Their last acquisition was Logitech a few years ago, so their exposure to Europe is quite high. They are in a position to make another acquisition to grow a vertical market or geographically, and she thinks their preference is in the US. They are quite stringent on guidelines as to how much they are going to pay. Meanwhile they are actually seen some nice organic growth in the financial vertical. That industry is experiencing new competition in terms of new FinTech start-up companies, which is stirring the incumbents to increase productivity, cut costs and outsource, which all benefits CGI. On the whole digital arena, they provide fibre safe security. (Analysts’ price target is $70.55.)

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Christine Poole

CEO & Mana, GlobeInvest Capital ...

Price Price
$65.270
Owned Owned
Yes

COMMENT
CGI Group (A)(GIB.A-T) 

January 11, 2017

Canada’s leading outsourcer and IT services company. They got a new CEO in October. A great track record of growing. Organic growth is somewhat tepid, so the company has a history of being a “growth by acquisition” story. This gets a limited trading multiple relative to some of the other more dynamic growth stories in the technology space. Their last large deal was done in 2012, which was a game changer, and was massively accretive to earnings. The company has now almost fully deleveraged their balance sheet, so looks like they are ready to go again. A good, backdoor way to play the rest of the world.

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Canada’s leading outsourcer and IT services company. They got a new CEO in October. A great track record of growing. Organic growth is somewhat tepid, so the company has a history of being a “growth by acquisition” story. This gets a limited trading multiple relative to some of the other more dynamic growth stories in the technology space. Their last large deal was done in 2012, which was a game changer, and was massively accretive to earnings. The company has now almost fully deleveraged their balance sheet, so looks like they are ready to go again. A good, backdoor way to play the rest of the world.

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Brian Madden

Senior VP , Goodreid Investment ...

Price Price
$65.270
Owned Owned
No

COMMENT
CGI Group (A)(GIB.A-T) 

January 6, 2017

This has done well. A very consistent company. They have very long-term contracts with companies that want to outsource their server farms and other capabilities on the computer side. As a result, this company has roughly 7-9 years’ contracts of a lot of money in advance. Extremely good visibility. Year-over-year sales growth has been fairly modest. About a 5% lift in earnings. Extremely disciplined in their acquisitions, so he expects the stock will mark time for the moment, waiting for another significant acquisition opportunity.

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This has done well. A very consistent company. They have very long-term contracts with companies that want to outsource their server farms and other capabilities on the computer side. As a result, this company has roughly 7-9 years’ contracts of a lot of money in advance. Extremely good visibility. Year-over-year sales growth has been fairly modest. About a 5% lift in earnings. Extremely disciplined in their acquisitions, so he expects the stock will mark time for the moment, waiting for another significant acquisition opportunity.

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Robert McWhirte

President, Selective Asset Mana...

Price Price
$65.700
Owned Owned
Unknown

PAST TOP PICK
CGI Group (A)(GIB.A-T) 

December 14, 2016

(A Top Pick Jan 12/16. Up 17.96%.) A systems integration and outsourcing firm, about half and half. The outsourcing portion is very stable with a recurring revenue stream. They grow organically, but do make big acquisitions every few years. Their 2012 Logica acquisition really expanded their geography into Europe. It was a very low margin business when they bought it, and those are now almost back up to their corporate level. They are ready to make another acquisition, but management is very disciplined on how much they are going to pay for the returns that they want. They are seeing pretty strong demand from their financial verticals because of increasing competition, and FINTECH because a lot of financial institutions are trying to improve their legacy systems through productivity and client servicing. There are also opportunities in cyber security in digital commerce, which they provide.

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(A Top Pick Jan 12/16. Up 17.96%.) A systems integration and outsourcing firm, about half and half. The outsourcing portion is very stable with a recurring revenue stream. They grow organically, but do make big acquisitions every few years. Their 2012 Logica acquisition really expanded their geography into Europe. It was a very low margin business when they bought it, and those are now almost back up to their corporate level. They are ready to make another acquisition, but management is very disciplined on how much they are going to pay for the returns that they want. They are seeing pretty strong demand from their financial verticals because of increasing competition, and FINTECH because a lot of financial institutions are trying to improve their legacy systems through productivity and client servicing. There are also opportunities in cyber security in digital commerce, which they provide.

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Christine Poole

CEO & Mana, GlobeInvest Capital ...

Price Price
$64.340
Owned Owned
Yes

BUY
CGI Group (A)(GIB.A-T) 

December 9, 2016

Not cheap, trading ahead of its 5-year average. Also, doesn’t have a dividend, but has a lot of growth. They are transitioning maturing contracts to higher end solutions. Growing from their IP 30 digital solutions and from new outsourcing contracts i.e. the city of Edinburgh. Q3 was largely in line. A very rich backlog. Margins are strong. Strong free cash flow. He sees growth at about 8% EPS over the next couple of years. A pretty fragmented space, so there is a lot of upside from acquisitions.

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Not cheap, trading ahead of its 5-year average. Also, doesn’t have a dividend, but has a lot of growth. They are transitioning maturing contracts to higher end solutions. Growing from their IP 30 digital solutions and from new outsourcing contracts i.e. the city of Edinburgh. Q3 was largely in line. A very rich backlog. Margins are strong. Strong free cash flow. He sees growth at about 8% EPS over the next couple of years. A pretty fragmented space, so there is a lot of upside from acquisitions.

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Greg Newman

Director &, Scotia Wealth Manage...

Price Price
$61.990
Owned Owned
Unknown

WAIT
CGI Group (A)(GIB.A-T) 

December 2, 2016

Has a nice upward trend on technicals, but is very volatile. You really have to catch this in one of their down swings. A difficult company to analyse because it is sort of like an advertising agency, i.e. it’s mental talent in there that is doing it. Have done an excellent job and got all sorts of contracts. Big in Europe. Wait until it sells off before stepping in. Trading at almost 17X forward earnings.

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Has a nice upward trend on technicals, but is very volatile. You really have to catch this in one of their down swings. A difficult company to analyse because it is sort of like an advertising agency, i.e. it’s mental talent in there that is doing it. Have done an excellent job and got all sorts of contracts. Big in Europe. Wait until it sells off before stepping in. Trading at almost 17X forward earnings.

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David Cockfield

Managing D, Northland Wealth Man...

Price Price
$62.530
Owned Owned
No

TOP PICK
CGI Group (A)(GIB.A-T) 

November 25, 2016

One of the larger Canadian tech companies. If Donald Trump is going to make America great again, you would assume IT services would follow suit as well. Between Nov 27 and Feb 8 it has gained about 20.25%. A very positive backdrop. The trend is higher highs and higher lows, and has not shown any signs of fading. If you can buy it closer to support, now is a favourable time to get in. We have seen a bit of a neutral performance. It has not outperformed the market, but it has outperformed the technology sector. (Analysts’ price target is $71.11.)

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One of the larger Canadian tech companies. If Donald Trump is going to make America great again, you would assume IT services would follow suit as well. Between Nov 27 and Feb 8 it has gained about 20.25%. A very positive backdrop. The trend is higher highs and higher lows, and has not shown any signs of fading. If you can buy it closer to support, now is a favourable time to get in. We have seen a bit of a neutral performance. It has not outperformed the market, but it has outperformed the technology sector. (Analysts’ price target is $71.11.)

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Jon Vialoux

Research A, CastleMoore Inc....

Price Price
$64.550
Owned Owned
No

BUY
CGI Group (A)(GIB.A-T) 

October 31, 2016

This is legitimately still a buy.  It is a great Canadian growth story.  It has limited organic growth prospects but is a serial acquirer.  It has been about 4 years since their last transformational deal.  They deleveraged since then.  You can sleep well at night with this one.

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This is legitimately still a buy.  It is a great Canadian growth story.  It has limited organic growth prospects but is a serial acquirer.  It has been about 4 years since their last transformational deal.  They deleveraged since then.  You can sleep well at night with this one.

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Brian Madden

Senior VP , Goodreid Investment ...

Price Price
$63.680
Owned Owned
Unknown

BUY on WEAKNESS
CGI Group (A)(GIB.A-T) 

October 21, 2016

Has some pretty good growth. This company can grow by acquisition. It is still a very fragmented space. He expects there will be consolidation, and this will really benefit from that. He is modelling a 4.5% EPS for 2016-2018. However, it is trading ahead of its five-year at around 18X. On a pullback, you can buy this name.

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Has some pretty good growth. This company can grow by acquisition. It is still a very fragmented space. He expects there will be consolidation, and this will really benefit from that. He is modelling a 4.5% EPS for 2016-2018. However, it is trading ahead of its five-year at around 18X. On a pullback, you can buy this name.

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Greg Newman

Director &, Scotia Wealth Manage...

Price Price
$62.410
Owned Owned
Unknown

COMMENT
CGI Group (A)(GIB.A-T) 

October 17, 2016

Cognizant (CTSH-Q) or CGI Group (GIB.A-T)? This is in IT consulting to financial institutions and other big organizations. Both are growing at about the same rate, about 10%. When looking at the multiple they are trading at, they are virtually the same, 15 or 16 times next year’s earnings. This company is in Canada and the US. Of the 2, he would prefer this one as the stock is behaving much better and the price performance is much stronger. He prefers Fiserv (FISV-Q) and Fidelity (FIS-N), which are both specifically in financial technology, which is the right space as digital transactions are growing 10% every year. Banks have held back on spending on technology over many years, and are now re-accelerating their spend.

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Cognizant (CTSH-Q) or CGI Group (GIB.A-T)? This is in IT consulting to financial institutions and other big organizations. Both are growing at about the same rate, about 10%. When looking at the multiple they are trading at, they are virtually the same, 15 or 16 times next year’s earnings. This company is in Canada and the US. Of the 2, he would prefer this one as the stock is behaving much better and the price performance is much stronger. He prefers Fiserv (FISV-Q) and Fidelity (FIS-N), which are both specifically in financial technology, which is the right space as digital transactions are growing 10% every year. Banks have held back on spending on technology over many years, and are now re-accelerating their spend.

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David Burrows

President , Barometer Capital Ma...

Price Price
$61.210
Owned Owned
No

COMMENT
CGI Group (A)(GIB.A-T) 

October 14, 2016

This has bothered him a little in the last few days. Usually, on a seasonal basis, this stock does very well along with other technology stocks, from around the 1st week in October right through until at least the 1st week in January. What concerns him is that the stock is not acting the way it should be. It broke a support level last week. The stock would normally continue moving higher at this time of year, but it has stalled. There are better opportunities within the high Tech sector.

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This has bothered him a little in the last few days. Usually, on a seasonal basis, this stock does very well along with other technology stocks, from around the 1st week in October right through until at least the 1st week in January. What concerns him is that the stock is not acting the way it should be. It broke a support level last week. The stock would normally continue moving higher at this time of year, but it has stalled. There are better opportunities within the high Tech sector.

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Don Vialoux

Research A, TimingTheMarket.CA &...

Price Price
$61.840
Owned Owned
Unknown

PAST TOP PICK
CGI Group (A)(GIB.A-T) 

October 12, 2016

(Top Pick Nov 25/16, Up 7.01%) Nice reoccurring revenue stream.  Their last acquisition was in 2012 and they have improved the already attractive margins of that one.  They are now ready for another acquisition for expansion.  They say they just have not seen the right deal yet.  They don’t pay a dividend.  They would rather buy back their stock or grow their business.  They have done well in terms of share price appreciation.

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(Top Pick Nov 25/16, Up 7.01%) Nice reoccurring revenue stream.  Their last acquisition was in 2012 and they have improved the already attractive margins of that one.  They are now ready for another acquisition for expansion.  They say they just have not seen the right deal yet.  They don’t pay a dividend.  They would rather buy back their stock or grow their business.  They have done well in terms of share price appreciation.

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Christine Poole

CEO & Mana, GlobeInvest Capital ...

Price Price
$62.060
Owned Owned
Yes

SPECULATIVE BUY
CGI Group (A)(GIB.A-T) 

October 7, 2016

One of the problems is that it is very hard to analyse. They are in the Information Technology business. Very diversified internationally. The chart is great. It is quite volatile. There is no dividend, so it is purely a growth stock. They seem to do a good job and have some good contracts. If you are feeling aggressive and like the long-term prospects, you could take a part, but wouldn’t make it a large part of your portfolio.

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One of the problems is that it is very hard to analyse. They are in the Information Technology business. Very diversified internationally. The chart is great. It is quite volatile. There is no dividend, so it is purely a growth stock. They seem to do a good job and have some good contracts. If you are feeling aggressive and like the long-term prospects, you could take a part, but wouldn’t make it a large part of your portfolio.

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David Cockfield

Managing D, Northland Wealth Man...

Price Price
$63.830
Owned Owned
No

TOP PICK
CGI Group (A)(GIB.A-T) 

September 13, 2016

IT services and outsourcing. About half is outsourcing, so there is that recurring revenue stream, so their earnings revenue is less volatile. Every 3-4 years, they tend to do a major acquisition, either to increase their position in a vertical or geographically. They are ready to do the next acquisition, but are very disciplined in what they buy. In the meantime, they are seeing a pickup in their financial services vertical within North America financials as well as in Europe. This has been a function of the fintech and increased competition from non-bank traditional players, so traditional players are now looking to increase their productivity, get better customer feedback and are turning to this company to improve their legacy system. They also have a lot of offshore employees that contribute to the productivity increases.

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IT services and outsourcing. About half is outsourcing, so there is that recurring revenue stream, so their earnings revenue is less volatile. Every 3-4 years, they tend to do a major acquisition, either to increase their position in a vertical or geographically. They are ready to do the next acquisition, but are very disciplined in what they buy. In the meantime, they are seeing a pickup in their financial services vertical within North America financials as well as in Europe. This has been a function of the fintech and increased competition from non-bank traditional players, so traditional players are now looking to increase their productivity, get better customer feedback and are turning to this company to improve their legacy system. They also have a lot of offshore employees that contribute to the productivity increases.

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Christine Poole

CEO & Mana, GlobeInvest Capital ...

Price Price
$60.700
Owned Owned
Yes

TOP PICK
CGI Group (A)(GIB.A-T) 

September 2, 2016

Trading at its all-time highs. Solid price momentum and good valuation. They have been a consistent grower by acquisition. Good ROE’s at around 18%. No yield; it is a growth story.

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Trading at its all-time highs. Solid price momentum and good valuation. They have been a consistent grower by acquisition. Good ROE’s at around 18%. No yield; it is a growth story.

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Jason Mann

CIO & Co-F, Edgehill Patners...

Price Price
$64.940
Owned Owned
Yes

TOP PICK
CGI Group (A)(GIB.A-T) 

August 10, 2016

They are on the consulting side in how to make businesses better, and are able to do that all throughout the execution. A great play for the underlying trends of technology implementation.

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They are on the consulting side in how to make businesses better, and are able to do that all throughout the execution. A great play for the underlying trends of technology implementation.

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Jennifer Radman

VP & Sr. P, Caldwell Investment ...

Price Price
$64.240
Owned Owned
Yes

COMMENT
CGI Group (A)(GIB.A-T) 

August 9, 2016

(Market Call Minute.) Just reported organic growth coming back in the last quarter and the market loves it.

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(Market Call Minute.) Just reported organic growth coming back in the last quarter and the market loves it.

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James Rife

Head of Ca, Canalyst Financial M...

Price Price
$63.970
Owned Owned
Unknown

COMMENT
CGI Group (A)(GIB.A-T) 

July 15, 2016

Who do you like in Canadian Tech? As a value investor, he may like a Canadian Tech company, but may not be able to buy it because of its valuation. Two that stand out are Constellation Software (CSU-T) and CGI Group (GIB.A-T), and CGI is probably selling closer to reasonable multiples. Both are extremely well-managed. He also likes that they are both much more software dependent, not mixing any hardware which can be so fickle in today’s technology market.

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Who do you like in Canadian Tech? As a value investor, he may like a Canadian Tech company, but may not be able to buy it because of its valuation. Two that stand out are Constellation Software (CSU-T) and CGI Group (GIB.A-T), and CGI is probably selling closer to reasonable multiples. Both are extremely well-managed. He also likes that they are both much more software dependent, not mixing any hardware which can be so fickle in today’s technology market.

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Michael Sprung

President, Sprung Investment Ma...

Price Price
$56.790
Owned Owned
Unknown

PAST TOP PICK
CGI Group (A)(GIB.A-T) 

July 12, 2016

(A Top Pick July 14/15. Up 11.29%.) The stock had been around $63-$64 and has now pulled back. About 50% of their revenues are from Europe, and about 13% specifically to the UK. The depreciation of the £ is a headwind, but is still too early to say. 14% of their revenue comes from France. She still likes it.

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(A Top Pick July 14/15. Up 11.29%.) The stock had been around $63-$64 and has now pulled back. About 50% of their revenues are from Europe, and about 13% specifically to the UK. The depreciation of the £ is a headwind, but is still too early to say. 14% of their revenue comes from France. She still likes it.

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Christine Poole

CEO & Mana, GlobeInvest Capital ...

Price Price
$57.260
Owned Owned
Yes

COMMENT
CGI Group (A)(GIB.A-T) 

June 27, 2016

Loves the company. It closed last night up $53.85, and the target one year out is $64. Earnings growth is 11% this year over last year, and 7.4% next year and 5.6% the year after. One knock is that it has 14% exposure to UK and 42% to Europe. They have $7.4 billion in cash and credit line as a war chest. If you are a three-year holder, he would buy this.

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Loves the company. It closed last night up $53.85, and the target one year out is $64. Earnings growth is 11% this year over last year, and 7.4% next year and 5.6% the year after. One knock is that it has 14% exposure to UK and 42% to Europe. They have $7.4 billion in cash and credit line as a war chest. If you are a three-year holder, he would buy this.

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Peter Brieger

Chairman &, GlobeInvestment Capi...

Price Price
$53.850
Owned Owned
Yes

BUY
CGI Group (A)(GIB.A-T) 

May 24, 2016

One of the better run Canadian companies. Has a high return on equity and extremely well managed. Had a bit of a hiccup in the US because of implementation, but those things happen. They will continue delivering. A tremendous organization. Every year they conduct tens of thousands interviews with their clients. They understand the trends and are always at the forefront of those trends. They keep ahead of their competition. A great company to own for the long-term.

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One of the better run Canadian companies. Has a high return on equity and extremely well managed. Had a bit of a hiccup in the US because of implementation, but those things happen. They will continue delivering. A tremendous organization. Every year they conduct tens of thousands interviews with their clients. They understand the trends and are always at the forefront of those trends. They keep ahead of their competition. A great company to own for the long-term.

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Andrey Omelchak

President , LionGuard Capital Ma...

Price Price
$60.050
Owned Owned
No

PAST TOP PICK