Canadian Technology Stocks
Capital West Partner’s Brent Holliday breaks down the history of tech in Vancouver. While Lotusland has enjoyed its share of innovation and leadership in the space, Holliday argues that the lack of a clear heavyweight champion, such as a Research in Motion, means tech heads here have had to be content with being a mere piece of the puzzle that is Vancouver’s exceptionally diverse economy.
Vancouver isn’t exactly known to be a technology hub in the same way that Kitchener-Waterloo is or Ottawa once was, but perhaps this has more to do with a diverse BC economy. The Top 10 (Greater) Vancouver tech stocks of 2009 features some virtual unknowns, but also some of the more established techs in the country, such as aerospace giant MacDonald Dettwiler.
Glentel (TSX:GLN) and Matrikon (TSX:MTK) helped The Dollarton Cantech Letter avoid the prominent correction the TSX has suffered in the past two weeks, paring its losses to just 1.4% since Jan. 8. The overall exchange, on the other hand, dipped 4.95%, to close down 6.45% over the same period (September 26th, 2008 to January 22nd, 2010).
The profiled companies of The DVC Smalltech Letter continued to post gains in the new year. This collection of small tech stocks is now up 32.6% while the TSX as a whole is down 1.5% over the same period (September 26th, 2008-Jan 8th, 2009). The DVC Smalltech Letter has gained 8.2% since Dec. 24th, 2009.
The profiled companies of The DVC Smalltech Letter posted gains in December. This collection of small tech stocks is now up 24.4% while the TSX as a whole is down 3.2% over the same period (September 26th, 2008-Dec 24th, 2009). The DVC Smalltech Letter has gained 3.5% since November 27th, 2009.
Caseridge Capital released a special issue of its Caseridge Tecsys Dealbook today, unveiling The Caseridge Techsys “Top Picks” for 2010.
The Caseridge Techsys Index of Canadian listed technology and special situations companies is composed of 250 companies that represent a broad scope of activity across the technology, industrial, manufacturing, health care, software, internet and special situations sectors. Each year at this time Caseridge selects a subset of this broad index and names those companies to its “Top Picks” list for the up-coming year.
DVC recaps our poll results from the month of November. We tell you what you think will be 2009′s top performing Canadian tech stock, who should be the Canadian Tech Executive of the Year and more…
The profiled companies of The DVC Smalltech Letter slipped in November. This collection of tech stocks is now up 20.9%, while the TSX as a whole is down 5.5% over the same period. (September 26th, 2008 to November 27th, 2009)
It’s been a year of sweet relief for many Canadian tech investors. While mining and metals continue to grab the vast majority of headlines here, the odd technology story has managed to sneak onto the front pages. While Telecom legend Terry Matthews made the list twice, he couldn’t quite capture the #1 spot. See who did and why.
Vancouver based Intrinsyc Software (TSX:ICS), which makes software for mobile handsets, was the first company ever profiled by The DVC Smalltech Letter, on Sept. 26/08. We re-examine their numbers in an updated Quant Snapshot.
