Here are 16 Canadian tech stocks you should consider adding to your portfolio.
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…
Just IPO'd a couple of months ago. Analysts have not yet put out reports. An interesting business model and feels they are going to be able to Blog the latest portion of their business but so far hasn't gotten traction.
At 23 times earnings, it is still good value. There is really no great competitor. They have a mountain of cash and management is well invested. They do great acquisitions, are cost conscious, and he has great confidence in their strategy. Yield 0.45% (Analysts’ price target is $1163.67)
Great Canadian company. It has always looked way to expensive trading over 200 times earnings. He can't justify the valuations.
Fantastic company and fantastic Management team. Not cheap from a valuation perspective. Will do good deals in the e-commerce space. Very customer centric. Sticky, high recurring revenue story. (Analysts’ price target is $46.76)
$300 million in cash and less than 9 times earnings. They just can’t get any love. It had a bit better execution in terms of earnings and they could get recognized. They buy back stocks. Leverage on their operations is quite high and it has not performed yet. (Analysts’ target: $14.87).
He has looked at this company many times. It creates supply chain management software and is very richly valued. There’s a lot of organic growth. The stock has corrected a few times and those offered good buy points.
It hasn't risen above its 2015 high. It must rise above this to $4. The volume has picked up and has had a long, long base. The price has been increasing, so it looks like it may go higher.
System integrating company. A 10% dividend shows a lot of confidence. He owns some of this stock. He was buying today even.
Dead money for quite a few years. The technology was tied to laptops but now everyone is using tablets. Thinks earnings will come through with earnings from Samsung agreement.
Have an open source operating system for cell phones similar to Windows. Allows manufacturing of cell phones much cheaper. Have signed 5 contracts already. Great management team. (Similar to Google’s android?)
They started with Bluetooth asset trackers and are moving into cellular asset trackers. It has been constrained in the past by battery power. They came up with lower power chips for both. It is about fleet tracking as well as tool tracking. They are working in Japan, Canada, and seeking certification with two US networks.…
A high free cash flow -- about three-quarters of a billion dollars annually. He expects them to continue growing by acquisition. Technically, he sees upside to $55. Yield 1.63%. (Analysts’ price target is $57.54)
Likes it alot. They've had issues with past management, but the new one is expanding the business. They do pressure controls of the inside of semi-conductors. They're giving guidance of doubling EBITDA over three years. If they exeuctue, there's a lot of room to rise.
They are growing into Ontario. Their recent earnings really caught on with an impressive number. It was not even a full quarter of results from the recent acquisition. They have 20 year contracts. 16 times earnings. (Analysts’ target: $51.80).