Canadian Tech Stocks

BlackBerry announces Key2 launch date

The newest BlackBerry-branded smartphone is coming to Canada in July. ...

These four Canadian tech companies are punching their ticket with Microsoft Azure

Tech giant Microsoft’s (NASDAQ:MSFT) latest quarterly earnings featured impressive gains by its Azure cloud platform, which prompts the question, which of Canada’s public companies are most likely to benefit from Azure’s success? Ralph Garcea of Echelon Wealth Partners recommends four: CGI G ...

AcuityAds has a 43 per cent upside, Haywood Securities says

AcuityAds CEO Tal Hayek. With a new acquisition and a term loan now under its belt, shares of AcuityAds (TSXV:AT) should keep rebounding from a low reached last month, says analyst Pardeep Sangha of Haywood Securities, who on Monday reiterated his “Buy” recommendation and one-year target price ...

Peter Imhof says take a pass on pricey Kinaxis

Peter Imhof Kinaxis Inc. (TSX:KXS) is a great stock to hold if you already own it, but don’t jump in at its current price, says Peter Imhof, vice-president and portfolio manager at AGF Investments, who claims that KXS’s multiple is just too high. So far, supply chain management software compa ...

WestJet and RBC to create new loyalty program

TORONTO – WestJet Airlines Ltd. is teaming up with the Royal Bank of Canada to create a new loyalty program that aims to attract a “very substantial” group of “very unhappy” customers from the Aeroplan program, which its rival Air Canada is preparing to replace in 2020. WestJet and RBC sa ...

Avante Logixx has a 43 per cent upside, Beacon Securities says

Security systems company Avante Logixx Inc. (TSXV:XX) is building up its M&A war chest, says analyst Gabriel Leung of Beacon Securities, who in a Tuesday update reiterated his “Buy” recommendation with a lowered price target of $0.60. On Tuesday, Avante Logixx announced the closing of a bought ...

ProntoForms has 56% upside: Beacon Securities

A big new contract for ProntoForms (TSXV:PFM) has Beacon Securities analyst Gabriel Leung feeling bullish about the stock. This morning, ProntoForms announced a contract valued at (U.S.) $1.2-million over three years with an unnamed Fortune 500 company. “This deployment is another indication th ...

Buy CGI Group on a pullback, this portfolio manager says

Christine Poole If you get a chance to buy CGI Group (TSX:GIB.A) on a pullback, take it, says Christine Poole, CEO of GlobeInvest Capital, who argues that the company keeps finding space for growth in the IT consulting sector. As far as tech companies go, Montreal-based CGI has been around the blo ...

Enghouse Systems gets price target raise at Echelon Wealth Partners

Following the company’s second quarter results, Echelon Wealth Partners analyst Ralph Garcea has raised his target price on Enghouse Systems (TSX:ENGH). On Thursday, ENGH reported its Q2, 2018 results. The company reported EBITDA of $25.4-million on revenue of $85.2-million, a topline that was u ...

U.S. activist investor has plans for Canada’s Open Text

A Member of Pat McKeough’s Inner Circle recently asked for his opinion on a Canadian software specialist that has attracted an activist investor from the U.S. Open Text has a broad international market for its software, but the activist investor aims to raise the company’s profile with investor ...