Canadian Tech Stocks

Canada’s stock market is the worst in the world right now

For years now, investor portfolios in Canada have been taking an undue amount of punishment from the oil and gas sector. So much so, that you’d figure it would grow tired of inflicting all that damage and start being nice again in 2018. Guess again. Canada’s stock market is being a real dog ag ...

Constellation Software gets $1000 price target at Echelon Wealth

Record revenue growth and key acquisitions are cause for a revaluation of Constellation Software Inc. (TSX:CSU), says Ralph Garcea of Echelon Wealth Partners, who has upgraded his rating from “Hold” to “Buy” and raised CSU’s target price from $800.00 to $1,000.00. This week, diversified s ...

Shopify may be expensive but it’s still a buy, Canaccord Genuity says

Shares of Shopify (NYSE:SHOP, TSX:SHOP) may be on an extended run, but is there still more upside to Canada’s e-commerce sensation? Definitely, says analyst Richard Davis from Canaccord Genuity, who insists that despite the sky-high valuation, Shopify’s continued high-pace growth means the sto ...

Nanotech Security has 87.5% upside, Haywood says

Nanotech Security CEO Doug Blakeway Ahead of the company’s first quarter results, Haywood analyst Pardeep Sangha is maintaining his bullish stance on Nanotech Security Corp. (TSXV:NTS). On February 22, after market close, Nanotech Security will report its Q1, 2018 results. Sangha expects this w ...

Sangoma Technologies is still a buy, says Beacon Securities

The Markham, Ontario head office of Sangoma Technologies. Over the past two months, share of Sangoma Technologies Corporation (TSXV:STC) have nearly doubled, but even so, the stock is still a bargain, says analyst Gabriel Leung of Beacon Securities, who maintains a “Buy” rating and 12-month t ...

Computer Modelling Group is a “no brainer” win at these levels: Echelon

Computer Modelling Group CEO Ken Dedeluk. With things looking a little less gloomy in the oil patch, Calgary-based Computer Modelling Group (TSX:CMG) deserves a price hike, says analyst Amr Ezzat with Echelon Wealth Partners, who gives the stock its Top Pick Status and a “Buy” rating. CMG, mak ...

BSM Technologies has a big upside, Paradigm Capital says

BSM Technologies (TSX:GPS) may have missed its revenue goals for fiscal Q1 but the company’s higher-than-expected subscription rate has Paradigm Capital’s Daniel Kim maintaining his “Buy” rating, with a 12-month target price of $2.00. Last week, Toronto-based BSM released its financial and ...

Ontario chooses Shopify to run online cannabis sales

Ontario has chosen Shopify Inc.’s e-commerce platform for cannabis sales in-stores and online. ...

Redknee is poised to rebound after restructuring, says Canaccord Genuity

Transitional periods can be tough, especially when they involve a whole whack of downsizing, but for Toronto-based Redknee Solutions Inc. (TSX:RKN), coming out of restructuring slimmer and more streamlined will make a world of difference, say analyst Robert Young and associate Christian Sgro with C ...