Q1 Preview: CGI’s “contrarian” acquisition of Logica will pace growth, says Cormark

cgi group

The integration of CGI Group’s (TSX:GIB.A) “contrarian” acquisition of Logica is ahead of schedule and will help pace the company to a higher share price, says Cormark analyst Richard Tse. In a research update to clients this morning, Tse looked ahead to CGI’s Q1 results, which are due before market open on April 30th. The [...]

Valeant acquisition of Allergan would create a specialty pharma powerhouse, says Paradigm

On Tuesday, Valeant announced that with the help of noted hedge fund manager Bill Ackman, it was launching a hostile cash and share bid for Allergan, maker of Botox.

The combination of Valeant Pharmaceuticals (TSX:VRX) and Allergan would be beneficial for Valeant shareholders, says Paradigm Capital analyst Alan Ridgeway. On Tuesday, Valeant announced that with the help of noted hedge fund manager Bill Ackman, it was launching a hostile cash and share bid for Allergan, maker of Botox. Ackman’s Pershing Square Capital Management has [...]

Wi-LAN’s Valuation Looks Compelling Going into Q1 Earnings

Wi-LAN CEO Jim Skippen.

I have been sitting on the sidelines and watching Wi-LAN (TSX:WIN) for a while now but think it may be time for investors to revisit this name. The company has a strong balance sheet with $118M in cash, predictable earnings and cash flow and as litigation expenses decrease this year should return to positive operating [...]

QHR Corp is still undervalued, says Mackie’s Voci

QHR CEO Al Hildebrandt.

Following the sale of its Enterprise Management Solutions division, QHR Corp. (TSXV:QHR) may see some short term bumps in the road, but in the long term the Kelowna-based company looks to be a growing, profitable, and high recurring revenue business, says Mackie Research Capital’s Massimo Voci. In a research update to clients this morning, Voci [...]

There’s 103% upside in FLYHT Aerospace, says Clarus analyst Ofir

Clarus analyst Eyal Ofir says he believes the loss of Malaysia Airlines Flight 370 will cause regulatory bodies to reassess their position on mandating satellite communications.

The management of FLYHT Aerospace (TSXV:FLY) has been building its business patiently for a decade, but the company’s real relevance is now emerging, says Clarus Securities analyst Eyal Ofir. In a research report to clients this morning, Ofir initiated coverage of FLYHT with a “Buy” rating and $1.10 one-year target, implying 103% upside from Friday’s [...]

Why Hootsuite, Shopify and Desire2Learn should go public in Canada

Shopify CEO Tobias Lütke.

In recent months, the anticipation around some of Canada’s best private tech companies going public, namely Hootsuite, Vision Critical, BuildDirect, Shopify and Desire2Learn, has intensified. I believe there are very good reasons why this, the greatest crop of Canadian tech IPO candidates since the mid-nineties, should go public in Canada and, at least for now, [...]

Am I alone in feeling overwhelmed by content?

Content overload? A recent study by Ars Technica shows that 37% of the games on the Steam gaming platform are purchased but never played.

Am I alone in feeling overwhelmed by content? Between the fresh new shows on paid cable channels like HBO, AMC and Showtime, plus whatever is available on Netflix, Amazon, Hulu Plus and the rest of the streamers, and the upcoming blockbuster season at a cinema screen near you… I can’t help but think that there’s [...]

Where do Canadian Growth Stocks go From Here?

EPC Chart

Growth and Operating Company share prices continued to move higher in the first quarter with the Euro Pacific Canada (EPC) Operating Company Index up almost 8% while the EPC Gross Margin Model (“GMM”) Index gained over 12%. This performance follows tremendous runs for our indexes in 2013 – 45% for the EPC Operating Company Index [...]

Solium Capital pullback is a buying opportunity, says Pardeep Sangha

PI analyst Pardeep Sangha says Solium Capital CEO Mike Broadfoot's plan to sell up to 2.1-million shares is partly to blame for the stock's recent pullback.

The pullback in price of Solium Capital (TSX:SUM) is a buying opportunity, says PI analyst Pardeep Sangha. Noting that Solium has declined by 15% since his last published research on March 20th, Sangha today upgraded his rating on the stock from “Neutral” to “Buy”, while maintaining his $8.25 one-year target. Sangha says recent general weakness [...]

Beaten down ViXS Systems is a buy, says Cormark

ViXS Systems CEO Sally Daub.

Shares of ViXS Systems (TSX:VXS) have taken it on the chin of late, but Cormark analyst Richard Tse says investors should take advantage of the current price of the stock, which he believes is much too low. Last Wednesday, ViXS announced that a year-end audit revealed uncovered that billing of $1.5-million under a previously disclosed [...]