Here are 16 Canadian tech stocks you should consider adding to your portfolio.
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…
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.
They have done well over a long time period. He thinks it may be over valued right now. Without a sizable dividend, he is staying away. With a marketcap of $23 billion, they need to take on bigger and bigger ventures.
It's gone up so much that it's natural to have a pullback now, down $10 today. He can't see a specific reason, likely profit-taking. It is expensive. He wouldn't buy it now. SHOP needs to pullback to $350 before he steps in.
Another great company. It is an outstanding operator. Return on capital keeps climbing. He thinks there will be an opportunity still to get it at a lower price. It is part of the tech pullback.
$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).
One of the leaders in the enterprise software market. They lost a big client in mid-2017. A good company. (Analysts’ price target is $93.92)
(A Top Pick Jan 29/18, Down 4%) It has become his largest position, making it 5% of the company. They are going to benefit from a huge amount of infrastructure spending over the next 25 years. They are supplying WiFi networks also. They made two transformative acquisitions last year and they should see benefits this…
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.
They are the market leader in the poker business. If you are into high risk investing then there is an opportunity here.
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?)
This is one he likes, and thinks there are going to be a lot of catalysts for them this year. They make a low power/wide area network device that allows cellular companies to have a whole new market for adding new products and new revenue stream, as we start to track different type of things.…
If you bought it as a trade, you might want to take some profits. But technically, there's nothing he can point to that says sell it.
A relatively small company that guided a little bit lower. The long term outlook is good and they just signed a term agreement within China. A good time to buy or add to your position here.
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).