Canadian Technology Stocks
If you are trying to measure how fast a company is growing it is, without doubt, best to take a long view. Revenues can be lumpy and unpredictable, especially for smaller companies that are just getting a foothold in the market. Cantech Letter’s own Quant Snapshots look at three year annualized growth. But just for [...]
It’s been a wild month for Mississauga’s 01 Communique. On July 5th, their thinly traded stock was mired in a two year slump, closing at $.175 cents. But on July 8th, the company, whose products, such as the I’m InTouch line, give you the ability to access and control your desktop personal computer from anywhere [...]
Mississauga’s Nuvo Research, which has developed an osteoarthritis pain-killing cream that is absorbed through the skin, saw its revenues leap on a milestone payment. Upon receiving FDA approval, Nuvo received $15-million payment from its marketing partner, Covidien. Ultimately the Company received $27.3-million in a single quarter when licensing payments were added to the mix. Nuvo [...]
“Story” stocks. Sometimes, as investors, we ignore the numbers and dive headlong into a brilliant pitch. Unfortunately, many stories are later revealed to be mere fairy tales. Occasionally, however, a company comes along, identifies a market that is huge and addresses it with technology that is leading edge. In the world of finance, these are called “sexy” stocks. And sexy means big. Your company makes software that helps you run bake sales in Regina? Not sexy. Your company makes a drug that may grab a substantial portion of the $35 billion cholesterol-fighting market, like Resverlogix, the number three company on our list? Sexy. Our July issue is about tomorrow’s leaders, Canadian techs with realistic shots of hitting the big-time.
With the sale of Edmonton based Matrikon (TSX:MTK) to Honeywell for $4.50 per share, the profiled picks of The Dollarton Cantech Letter now have a second gainer of more than 100% on the books (the first happened when we closed coverage on Aastra (TSX:AAH) with a 242% gain). That’s the good news. The bad news [...]
