Canadian Tech Stocks

BlackBerry has been our biggest dog, this fund manager says

With its share price continuing to trail off, it’s now a wait-and-see game for BlackBerry (BlackBerry News, Stock Quote, Chart TSX:BB), says portfolio manager Keith Richards, who claims the stock could plummet if it breaks through a key support level. BlackBerry’s 2019 started off very well, wi ...

Computer Modelling Group upgraded to “Buy” at Industrial Alliance

Industrial Alliance Securities analyst Elias Foscolos is moving off the sidelines on Computer Modelling Group (Computer Modelling Group News, Stock Quote, Chart TSX:CMG). In a research update on Wednesday, Foscolos moved his rating from “Hold” to “Buy,” while maintaining his $7.75 target pr ...

Shopify’s stock is “probably pretty overbought”, this fund manager says

Shopify (Shopify News, Stock Quote, Chart TSX, NYSE:SHOP) shareholders should be pleased as punch this year by the stock’s ability to defy expectations but for those of us on the outside looking in, the temptation to join the party is very palpable. Hold back, says financial analyst Keith Richard ...

It’s time for Canada to focus on the scale-up challenge

The Toronto Board of Trade is the latest to highlight that Canada is a terrific start-up nation but a dismal failure as a scale-up nation. Toronto itself is a dynamic centre for tech start-ups, but has failed to grow any tech giants. Ottawa’s Shopify is an example of a Canadian start-up that scale ...

BlackBerry boss John Chen should win CEO of the Year, this fund manager says

Here’s a good one for contrarian investors: lately, the market has been unimpressed with BlackBerry (BlackBerry News, Stock Quote, Chart TSX:BB), whose late-June earnings report has the stock now flirting with a five-year low. But there’s a long-term success story in BlackBerry, says money mana ...

Firan Technology Group gets new $6.00 price target at Beacon

Following second quarter results that bested his expectations, Beacon Securities analyst Gabriel Leung has raised his price target on Firan Technology Group (Firan Technology Group News, Stock Quote, Chart TSX:FTG). On July 10, Firan reported its Q2, 2019 results. The company posted EBITDA of $5.2- ...

Opsens is undervalued, M Partners says

Following the company’s third quarter results, M Partners analyst Andrew Hood is maintaining his “Buy” rating on Opsens (Opsens News, Stock Quote, Chart TSX:OPS). On Thursday, OPS reported its Q3, 2019 results. The company lost $1.1-million on revenue of $7.9-million, a topline that was up 23 ...

Best high-interest savings accounts in Canada

How to use this tool: You can simply scan the table below to view interest rates offered by financial institutions across Canada. Or, input your estimated account balance and compare between high-interest savings accounts (HISA), tax-free savings accounts (TFSA*), registered retirement savings plan ...

VersaPay’s MasterCard deal earns new $2.30 price target at Haywood

A deal with MasterCard has Haywood Securities analyst Daniel Rosenberg raising his price target on VersaPay (VersaPay News, Stock Quote, Chart TSXV:VPY). On Tuesday, VersaPay announced a new virtual card receivables deal with MasterCard that will aggregate information for corporate customers in a d ...

Constellation Software has become too expensive, this portfolio manager says

Canadian tech favourite Constellation Software (Constellation Software News, Stock Quote, Chart TSX:CSU) has posted impressive gains over the first half of the year, including a string of new highs hit over the past two months. So what’s not to like about CSU? The multiples, for one thing, says M ...