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 [...]

Jeremy Rifkin’s views on the Future are Neat, Simple, and Wrong

jeremy rifkin

Jeremy Rifkin’s new book The Zero Marginal Cost Society: The Internet of Things, the Collaborative Commons, and the Eclipse of Capitalism muses about the imminent transformation of the economy in ways that will make the old distinctions of left, right, capitalism, socialism, etc. seem redundant and quaint. “If I had told you 25 years ago [...]

Did Wattpad really need to raise so much money?

Wattpad CEO and co-founder Allen Lau

Earlier this week, Wattpad, the Toronto social publishing platform, closed a $46 million Series C round of funding, led by OMERS Ventures, with participation from August Capital, Raine Ventures and Northleaf Venture Catalyst Fund. In addition to the new investors, this round represented something of a reunion, with all of Wattpad’s existing investors returning, including [...]

RDM Corp. is a turnaround story with upside, says PI’s Sangha

Clients like Capital Bank Financial were part of the $600-billion in payments RDM Corp. processed last year.

RDM Corp (TSX:RC) is a turnaround story that investors should be paying attention to, says PI analyst Pardeep Sangha. Yesterday, Sangha initiated coverage of RDM with a “Buy” rating and a one-year target of $4.00, implying a return of 42.8% based on Tuesday’s closing price of $2.80. Sangha says that after years of losses and [...]

Baylin Technologies is undervalued, says Paradigm’s Kim

This RF testing chamber at Baylin's research centre in Israel is used to test the performance of antennas.

Investors should take advantage of the current low price of Baylin Technologies (TSX:BYL) because any setbacks in its mobile business will be temporary, says Paradigm Capital’s Daniel Kim. In a note accompanying its fourth quarter and year-end results on March 14th, Baylin management addressed a recent setback, pointing out that its revenue from the first [...]

Catamaran is compelling at 52-week low, says Cantor Fitzgerald

Cantor Fitzgerald Canada analyst Justin Kew thinks Catamaran will continue to grow its market share at the expense of its two larger competitors, CVS and Express Scripts.

Down more than 20% on the year, Catamaran (TSX:CCT) is a compelling opportunity, says Cantor Fitzgerald Canada analyst Justin Kew. For the past four years, the trajectory of the company formerly known as SXC Health has been decidedly up. But since peaking at $57.47 on February 14th, the stock has significant lost ground, and its [...]

The Canadian tech IPO onslaught that never was

Hootsuite CEO Ryan Holmes, with Mika.

The media coverage of the pending TSX tech IPO onslaught has been intensive. And perhaps the recent attention shouldn’t come as a shock, since they missed the first wave of deals and all (see prior post “Two Tech IPOs moving to the launch pad” Feb. 24-13). There’s only one problem. I’m becoming more convinced by [...]

ViXS Systems is staying ahead of the curve, says Cantor Fitzgerald’s Abernethy

Late in December, Samsung unveiled its 110-inch UltraHD TV.

A series of product and design announcements from ViXS Systems (TSX:VXS) this week provides further validation that the company is well positioned to take advantage of media and communications trends, says Cantor Fitzgerald Canada analyst Blair Abernethy. On April 1st, ViXS expanded its UltraHD 4K offering by adding XCodePro 330 and XCodePro 320, a pair [...]

POSERA-HDX has 246% upside, says Global Maxfin Capital analyst Garcea

Half of all credit card fraud worldwide takes place in the U.S. The culpit is the old swipe-and-sign method, which is inherently unsecure.

POSERA-HDX (TSX:HDX) is well positioned to penetrate the U.S. market by capitalizing on the migration of merchants towards EMV chip supported processors, says Global Maxfin Capital analyst Ralph Garcea. On March 27th, POSERA-HDX posted is fourth quarter and fiscal 2013 results. For the year, the company earned $943,596 on revenue of $19.51-million, up 18.6% over [...]