Canadian Technology Stocks
BufferThere are many people who believe Canadian technology stocks are undervalued. Of course, as John Maynard Keynes famously quipped, markets can remain irrational longer than you can remain solvent. Still, with a massive exodus from commodities now fully underway, is it just a matter of time before money starts flowing into Canadian technology stocks, driving [...]
BufferInflation has become everyday news around the world. While Canada was spared the worst of the economic downturn that began in late 2008, a recent survey by the Royal Bank found 45% of Canadians say that higher gas and food prices are “significantly impacting” their budgets. In February of this year, gas prices had risen [...]
BufferIn January, we looked back at the Canadian tech stocks that had an exceptional 2010, capped off by the selection of Glentel as Canadian Tech Stock of the Year and Mark Therier of SXC Health as Canadian Tech Stock exec of the Year. This month we look forward. No we don’t have a crystal ball, [...]
BufferThe voting for 2010 Canadian Tech Stock of the Year contained some obvious choices. SXC Health, for instance, added a billion dollars in market value and posted a 40% top line gain. Westport Innovation’s stock continued a dramatic run that began in 2009. In 2010 it was also revealed that legendary investor George Soros became [...]
BufferAnother year, and another year of mining stock successes on the Toronto Stock Exchange. It seems like decades since a technology stock really made a difference to the index, and 2010 was not the year to break that pattern. In fact, only one technology related issue cracked the top thirty five performing stocks on the [...]
When we decided to hold the first ever Cantech Letter Awards we were immediately faced with some tough choices. How many categories should there be? Which companies should be eligible? Should we simply take the ten best performing stocks and let our readers vote on them? What about revenue growth, is that more important than share price? Perhaps a combination of the two? Should a percentage gain in either be weighted more heavily to larger stocks? In the end we decided on two categories: Canadian Technology Stock of the Year and Canadian Technology Executive of the Year. We also invited a panel of judges to help us to not only choose the winners, but also the candidates…
BufferOnce almost completely unknown, Electrovaya (TSX:EFL) is a Canadian company that is beginning to compete on the world stage. And lately, they are getting a little help from Barack Obama. In mid-2009, shares of the Mississauga based maker of lithium-ion batteries, were going for barely $.20 cents. So what’s behind the recent run-up in Electrovaya [...]
Buffer Tomorrow’s Leaders: Ten Canadian Tech Stocks for the Future At Cantech Letter we like value. Talk to us about a tech stock trading under one times sales with 45% of its market cap in cash and our ears perk up. Admittedly, though, being an adherent to any discipline mean you sometimes miss stuff that [...]
Buffer 2010: The Top 20 Canadian Techs (So far) This Year 2009 was a year of recovery for the worldwide markets, and Canadian tech stocks were no exception. Led by DragonWave (TSX:DWI) which began the year as a TSX Venture stock and ended with a full big board listing and a share price in excess [...]
For decades, it seemed, we heard about advances in the auto industry without ever seeing the progress first hand. It’s been more than ten years since GM’s controversial EV1 electric cars were recalled and uncerimoniously crushed. Today, however, most of us have at least a neighbour with a Prius, and have heard of the “hydrogen highway”. What you may not know is that some public Canadian tech companies are playing pivotal roles in this sea change. From Westport Innovation’s (TSX:WPT) groundbreaking work with natural gas engines to Electrovaya’s (TSX:EFL) lithium-ion batteries, many Canadians already own a piece of this future.
