{"id":38510,"date":"2019-01-24T17:23:27","date_gmt":"2019-01-24T17:23:27","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=38510"},"modified":"2019-01-24T17:23:27","modified_gmt":"2019-01-24T17:23:27","slug":"16-of-the-most-promising-canadian-tech-stocks","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/16-of-the-most-promising-canadian-tech-stocks\/","title":{"rendered":"16 of The Most Promising Canadian Tech Stocks"},"content":{"rendered":"

Canadian tech is thriving, and we\u2019ve heard lots of experts talk about Shopify<\/a> and OpenText<\/a>. A rally in tech stocks is expected in 2019.<\/p>\n

Here are 16 Canadian tech stocks you should consider adding to your portfolio.<\/strong><\/p>\n

💻 Technology<\/strong><\/p>\n

CGI Group (A) (GIB.A-T)<\/a><\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"CGI\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tCGI Group (A) (GIB.A.TO)\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

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\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t

\n\t\t\"Stockchase\"\t\tStockchase\t<\/div>\n<\/div>\n

Tucows Inc. (TC-T)<\/a><\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Tucows\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tTucows Inc. (TC.TO)\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

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\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t

\n\t\t\"Stockchase\"\t\tStockchase\t<\/div>\n<\/div>\n

Constellation Software Inc. (CSU-T)<\/a><\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Constellation\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tConstellation Software Inc. (CSU.TO)\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\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\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t

\n\t\t\"Stockchase\"\t\tStockchase\t<\/div>\n<\/div>\n

Shopify Inc. (SHOP-T)<\/a><\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Shopify\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tShopify Inc. (SHOP.TO)\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

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.<\/p>\n\t\t<\/span>\n\t<\/div>\n\t

\n\t\t\"Stockchase\"\t\tStockchase\t<\/div>\n<\/div>\n

Descartes (DSG-T)<\/a><\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Descartes\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tDescartes (DSG.TO)\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about DSG.TO: Only good things to say about the business and management (though he has a hometown Kitchener-Waterloo bias \ud83d\ude09 Through the\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t

\n\t\t\"Stockchase\"\t\tStockchase\t<\/div>\n<\/div>\n

Celestica Inc (CLS-T)<\/a><\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Celestica\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tCelestica Inc (CLS.TO)\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about CLS.TO: Great run for him, and has now sold (probably too early \ud83d\ude42 His issue is that we're going to hit a point in the buildout of the\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t

\n\t\t\"Stockchase\"\t\tStockchase\t<\/div>\n<\/div>\n

Kinaxis Inc (KXS-T)<\/a><\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Kinaxis\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tKinaxis Inc (KXS.TO)\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

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\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t

\n\t\t\"Stockchase\"\t\tStockchase\t<\/div>\n<\/div>\n

Baylin Technologies (BYL-T)<\/a><\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Baylin\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tBaylin Technologies (BYL.TO)\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

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\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t

\n\t\t\"Stockchase\"\t\tStockchase\t<\/div>\n<\/div>\n

Pivot Technology Solutions Inc. (PTG-T)<\/a><\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Pivot\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tPivot Technology Solutions Inc. (PTG.TO)\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\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.<\/p>\n\t\t<\/span>\n\t<\/div>\n\t

\n\t\t\"Stockchase\"\t\tStockchase\t<\/div>\n<\/div>\n

Absolute Software Corp. (ABT-T)<\/a><\/p>\n

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\n\t\t\t\t\n\t\t\t\t\t\"Absolute\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tAbsolute Software Corp. (ABST.TO)\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\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.\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t

\n\t\t\"Stockchase\"\t\tStockchase\t<\/div>\n<\/div>\n

The Stars Group Inc (TSGI-T)<\/a><\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"The\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tThe Stars Group Inc (TSGI.TO)\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

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\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t

\n\t\t\"Stockchase\"\t\tStockchase\t<\/div>\n<\/div>\n

Intrinsyc Software Inc (ITC-T)<\/a><\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Intrinsyc\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tIntrinsyc Software Inc (ITC.TO)\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\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\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t

\n\t\t\"Stockchase\"\t\tStockchase\t<\/div>\n<\/div>\n

Bewhere Holdings Inc (BEW-X)<\/a><\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Bewhere\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tBewhere Holdings Inc (BEW.V)\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

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\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t

\n\t\t\"Stockchase\"\t\tStockchase\t<\/div>\n<\/div>\n

Open Text (OTEX-T)<\/a><\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Open\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tOpen Text (OTEX.TO)\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about OTEX.TO: Horrible valuation versus peers. Hodge-podge of different software businesses, execution problems. Lots of debt. Management\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t

\n\t\t\"Stockchase\"\t\tStockchase\t<\/div>\n<\/div>\n

Photon Control (PHO-X)<\/a><\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Photon\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tPhoton Control (PHO.TO)\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

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\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t

\n\t\t\"Stockchase\"\t\tStockchase\t<\/div>\n<\/div>\n

🛍 Consumer<\/strong><\/p>\n

Great Canadian Gaming Corp (GC-T)<\/a><\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Great\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tGreat Canadian Gaming Corp (GC.TO)\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\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\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t

\n\t\t\"Stockchase\"\t\tStockchase\t<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Canadian tech is thriving, and we\u2019ve 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 CGI […]<\/p>\n","protected":false},"author":9,"featured_media":38870,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[17],"tags":[],"class_list":["post-38510","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lists"],"wppr_data":[],"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/38510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=38510"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/38510\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/38870"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=38510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=38510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=38510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}