Canadian Tech Stocks

Kinaxis is serious about AI, National Bank Financial says

A new acquisition by Kinaxis (Kinaxis Stock Quote, Chart, News TSX:KXS) won’t be immediately adding to the company’s top line but its contribution will be felt in KXS’ artificial intelligence and machine learnings capabilities. So says National Bank Financial analyst Richard Tse who reviewed ...

Canadian tech darlings Shopify and Lightspeed are both buys, this investor says

The market is full of bargains galore right now but if you’re looking at Canadian tech you should be thinking about two recent Canadian tech darlings Shopify (Shopify Stock Quote, Chart, News TSX:SHOP) and Lightspeed POS (Lightspeed POS Stock Quote, Chart, News TSX:LSPD), says Scotia Wealth Manag ...

ProntoForms is still a buy, PI Financial says

Ahead of the company’s fourth quarter results, PI Financial analyst David Kwan has maintained his “Buy” rating on ProntoForms (ProntoForms Stock Quote, Chart, News TSXV:PFM). On on Thursday, March 12th, before the market open, ProntoForms will report its Q4 and fiscal 2019 results. Kwan said ...

Descartes Systems upgraded to “Buy” at Haywood

SaaS logistics and supply chain management company Descartes Systems Group (Descartes Systems Group Stock Quote, Chart, News TSX:DSG) received a rating upgrade from analyst Daniel Rosenberg of Haywood Capital Markets on Thursday as the analyst reviewed Descartes’ latest quarterly results. Rosenbe ...

Is now the right time to buy Shopify?

Is Shopify (Shopify Stock Quote, Chart, News TSX:SHOP) a buy here? Certainly, the e-commerce sensation has had a run for the ages over the past 12 months and with the business firing on all cylinders prospects should be good that SHOP will soon get back to its winning ways. That’s possible, says ...

AcuityAds is an attractive takeout target, says Echelon Wealth

Echelon Wealth Partners analyst Rob Goff was well pleased with the latest quarterly results from digital advertising name AcuityAds (AcuityAds Stock Quote, Chart, News TSXV:AT). In an update to clients on Wednesday, Goff reiterated his “Speculative Buy” rating and $3.80 price target, saying the ...

What you need to know about hybrid bank accounts

Hybrid bank accounts are the latest offering in a series of fintech rollouts that have shaken up Canada’s staid banking sector over the past few years. These accounts provide a single place to hold and use your money, allowing you the flexibility to withdraw and deposit as you please while still ...

BlackBerry releases updates to SecuSUITE for Government and AtHoc Crisis Communication

Updates to BlackBerry's SecuSUITE for Government and AtHoc Crisis Communication were released this week. ...

Mogo keeps $10.00 price target at Mackie Research

Look for fintech name Mogo (Mogo Stock Quote, Chart, News TSX:MOGO) to rerate after the market turbulence winds down, says Mackie Research analyst Nikhil Thadani, who on Monday provided clients with an update on the company. Thadani reiterated his “Speculative Buy” rating and $10.00 target pric ...

Coronavirus ‘decimated’ device manufacturing in February, says IDC

With files from Alex Coop   The spreading of Coronavirus has curtailed production in the tech industry, a new IDC study finds. Most affected sectors include factory, logistics, and transportation, many of them located in China, but the effects can be felt worldwide. “As is stands, device manufac ...