16 of The Most Promising Canadian Tech Stocks
Canadian tech is thriving, and we’ve heard lots of experts talk about Shopify and OpenText. A rally in tech stocks is expected in 2019.
Here are 16 Canadian tech stocks you should consider adding to your portfolio.
💻 Technology
Opinion about GIB.A.TO: Global. Big player in US, making a series of "metro market" acquisitions. A near-shoring strategy. Affected by US government…
Opinion about TC.TO: Just IPO'd a couple of months ago. Analysts have not yet put out reports. An interesting business model and feels they are going…
Constellation Software Inc. (CSU-T)
Opinion about CSU.TO: Never owned it due to high PE and they grow by acquisition, whereas she wants to see some organic growth in a company. Are…
Opinion about SHOP.TO: Tech is struggling and SHOP trades at a high PE. Would be interesting in the $80s. He sees more downside from here.
Opinion about DSG.TO: Only good things to say about the business and management (though he has a hometown Kitchener-Waterloo bias 😉 Through the…
Opinion about CLS.TO: Great run for him, and has now sold (probably too early 🙂 His issue is that we're going to hit a point in the buildout of the…
Opinion about KXS.TO: Nice niche. SaaS in the cloud, but caters to supply chains with a rapid response platform. An example of SaaS that can…
Opinion about BYL.TO: They make antennas for smartphones and other applications. Problem is that it's tough for them to make money. They buy a lot of…
Pivot Technology Solutions Inc. (PTG-T)
Opinion about PTG.TO: System integrating company. A 10% dividend shows a lot of confidence. He owns some of this stock. He was buying today even.
Absolute Software Corp. (ABT-T)
Opinion about ABST.TO: Price target of $20.50 CAD. Cloud-based platform for enterprise and public sector. In the right place because of remote work.…
Opinion about TSGI.TO: Looking at the past 5 years, earnings and FMV haven't gone anywhere. They have lots of things on the go. Good upside…
Intrinsyc Software Inc (ITC-T)
Opinion about ITC.TO: Have an open source operating system for cell phones similar to Windows. Allows manufacturing of cell phones much cheaper. Have…
Opinion about BEW.V: They deal in both Canada and the US with Bell and Telus. He thinks there is a large US opportunity that could unfold in the next…
Opinion about OTEX.TO: Horrible valuation versus peers. Hodge-podge of different software businesses, execution problems. Lots of debt. Management…
Opinion about PHO.TO: They provide parts and equiment to the semiconductor industry. Has pulled back with the slowdown in the industry in general but…
🛍 Consumer
Great Canadian Gaming Corp (GC-T)
Opinion about GC.TO: (A Top Pick Nov 19/18, Up 17%) He still likes it. A high quality company with good long-term outlook. They are spending a lot of…
