16 of The Most Promising Canadian Tech Stocks

Opinion about GIB.A-T: Investor's down. Sell, or buy more? Family controlled. This whole sector of IT consulting has been for sale YTD. People want to own leading-edge tech, and this isn't it. US is its biggest geography and US government its biggest client base. Concerns of government belt-tightening didn't come to pass.Pretty good company. Compounded…

Opinion about TC-T: Sold because its ROIC returns started to get a bit wonky. In fact in last 3 years, ROIC has been negative. Satellite internet access has eaten the lunch of fibre. Hard to form a moat around its domain business. Wait for ROIC to be in excess of 20% for at least 3…

Opinion about CSU-T: The challenge he always had with CSU is the continuous rush to buy small companies that don't add value. He wants to see spin-outs and silos to get rid of non-core businesses.

Opinion about SHOP-T: Has been fantastic. Really good recent quarter. Right-sizing cost structure. Integrating with large-language-model search platforms, and so all searches essentially lead to Shopify. Taking advantage of AI, rather than being overcome by it.

Opinion about DSG-T: Doesn't follow it closely. Its performance is a little underwhelming and there is maybe 8 to 9% upside from here. Consider CRM and IBM instead.

Opinion about CLS-T: It is up 260% in a year. Its business is manufacturing for different tech companies. Its numbers are very strong but its valuation is up now and there are other companies that could be coming up. Keep holding and if buying do so in tranches on pull backs.

Opinion about KXS-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research It has a strong balance sheet with $260M net cash. EPS is set to surge this year and rise another 25%+ next year. Cash flow is good and it is a relatively conservative company overall. As a supply chain software solution, it…

Opinion about BYL-T: Notoriously volatile. BYL has had a rough ride in recent years, but has fixed their balance sheet after selling their money-losing mobile business based in Korea. Are now focused on embedded antennas, infrastructure and satcom. They just announced a big stadium deal in South American for their wireless antennas, in which they…

Opinion about PTG-T: Payout ratio is 56%. Sales are declining by 25% and earnings have fallen by 67%. He would be cautious and would look elsewhere. Yield 13%

Opinion about ABST-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. The stock drifted along under $12 through 2022 to August when it moved up to about $16 which held to the start of November when it fell to its month-end close of $13.24. ABST is a leading provider of self-healing endpoint and…

Opinion about TSGI-T: (A Top Pick May 29/19, Up 66%) He sold out previously. He liked the 5 year forecast. As we came into late last year some of the volatility in the stock was not what he was interested in so he exited. He believes they will be stronger going forward.

Opinion about ITC-T: They sold their position due to the inconsistency of their results. He is watching it again, especially now that the momentum is improving. He is not buying yet, but will keep an eye on it.

Opinion about BEW-X: Caught attention of market as numbers continued to ramp up. Very big move, now consolidating. Will probably eventually get taken out for its technology and customer base. Trades thinly. May itself be looking for a small acquisition.

Opinion about OTEX-T: "Garbage in, garbage out" is a saying that demonstrates how you really need to have your data house in order to optimize decision-making processes. Earnings YOY still shrinking, and so it trades at a low multiple. Organic revenue decline is concerning. They can't M&A their way out of this. 

Opinion about PHO-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Smaller, cyclical company. Rolling out new products. Share buyback potential. Fortunes tied to semiconductor industry.

Opinion about GC-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Takeover offer. Pandemic hit hard. Solid assets, but re-opening slowed. Healthy balance sheet.