Canadian Tech Stocks

AcuityAds is a double, Haywood Securities says

AcuityAds (AcuityAds Stock Quote, Chart TSXV:AT) is back on track after a volatile year, says analyst Pardeep Sangha of Haywood Securities, who on Thursday reiterated his “Buy” rating with the raised target price of $2.50 (previously $2.00), representing a projected return of 98 per cent at the ...

BlackBerry makes largest acquisition ever in $1.4B purchase of AI firm Cylance

BlackBerry will acquire new AI capabilities with its purchase of Cylance. ...

TECSYS is still undervalued, Echelon Wealth says

A new acquisition for TECSYS (TECSYS Stock Quote, Chart: TSX:TCS) has Echelon Wealth Partners analyst Amr Ezzat maintaining his bullish stance on the stock. This morning, TCS announced it would acquire Ontario-based distributed order management software OrderDynamics Corp. for $13.37-million. “We ...

Take a pass on CAE, Christine Poole says

Flight simulation company CAE (CAE Stock Quote, Chart TSX, NYSE:CAE) should do well by its acquisition of Bombardier’s training program, says Christine Poole of GlobeInvest Capital Management, who nonetheless remains unconvinced that the stock is a buy. Montreal-based CAE reported its second quar ...

Descartes Systems Group is a buy, says Hap Sneddon

Descartes Systems Group (Descartes Systems Stock Quote, Chart TSX:DSG) had a rough start to the week yesterday, dropping almost five per cent in trading on Monday, but the stock’s long-term trend line still looks good, according to Hap Sneddon, chief portfolio manager at CastleMoore Investment, w ...

Now’s not the time to buy Sierra Wireless, National Bank says

Its transition away from hardware shows promise, but National Bank Financial analyst Richard Tse says Sierra Wireless (Sierra Wireless Stock Quote, Chart: TSX:SW) is fairly priced right now. On Thursday, Sierra Wireless reported its Q3, 2018 results. The company lost (US) $1.03-million on revenue o ...

Avante Logixx acquisition of Intelligarde makes sense, Beacon Securities says

A new acquisition for Avante Logixx (Avante Logixx Stock Quote, Chart TSXV:XX) is getting the thumbs up from Beacon Securities analyst Gabriel Leung. This morning, Avante Logixx announced it would acquire Ontario-based security firm Intelligarde International Inc. for $4.75-million. “I am thrille ...

Mogo’s third quarter was better than expected, Mackie Research says

Third quarter results from Mogo Finance Technology (TSX, NASDAQ:MOGO) came in better than expected, according to Nikhil Thadani of Mackie Research Corporation, who calls the results proof positive of the fintech company’s successful pivot to a capital-light revenue model. Mogo’s Q3 results were ...

Now’s not the time to buy Tucows stock, Echelon Wealth says

Tucows (TSX:TC) produced solid enough results in its quarterly earnings but it’s not enough to move the needle for analyst Gianluca Tucci of Echelon Wealth Partners, who says that the inflection point for TC’s next leg of growth is still two or three quarters away. Ting management emphasized th ...

CGI Group is undervalued, National Bank Financial says

Fourth quarter earnings from Montreal-based CGI Group (TSX:GIB.A, NYSE:GIB) came in slightly above expectations, with the company now positioned for solid growth going forward, says Richard Tse of National Bank Financial. IT consulting and systems integration company CGI reported its Q4 on Wednesda ...