December 09

Cantor Fitzgerald Conference Brings out the Stars of Canadian Tech

Cantor Fitzgerald Canada’s Director of Canadian Research Tom Liston: “While the investor focus has been on RIM and its difficulties, several large companies have produced significant returns for shareholders.”
The TSX technology sector is small and, with the accelerating level of takeovers by US companies and private equity firms of late, growing smaller.

Those that remain, however, seem to be picking up the slack. Investors used to outsize returns from a decade bull run in the mining and metals sector would be wise to avert their gaze from assay results and grade assessments momentarily and focus on companies like Catamaran Corp (formerly SXC Health) and CGI Group, who have both recently passed Research in Motion in terms of market cap.

Both those companies will be on hand next Thursday in Toronto at the Cantor Fitzgerald Growth Technology Conference. Cantor Fitzgerald, you may recall, made a splash late in August with the acquisition of Toronto boutique investment bank Versant Partners. Cantor CEO Shawn Matthews said the move came about the firm saw value north of the border. “We’re bullish on Canada and Canadian companies,” he said “and (we) look forward to championing them.”

Tom Liston, the gifted stockpicker who recently was named Cantor’s Director of Canadian Research, says the troubles of a certain Waterloo-based concern is overshadowing the real success of other Canuck tech names.

“We are looking forward to our first Canadian Technology Growth Conference. While the investor focus has been on RIM and its difficulties, several large companies have produced significant returns for shareholders. We were selective with our presenters – these companies with combined market capitalizations of over $20 billion and include 6 companies with 75%+ share price returns over the last three years – a group includes the largest four presenters.”

The Cantor Fitzgerald Growth Technology Conference conference lineup includes presentations from Constellation Software (TSX:CSU), CGI Group (TSX:GIB.A) Wi-LAN (TSX:WIN), Catamaran (TSX:CCT) and Avigilon (TSX:AVO) and others.

Mark Mcqueen, CEO of Wellington Financial, will give the keynote speech.

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Nick Waddell

Cantech Letter founder and editor Nick Waddell has lived in five Canadian provinces and is proud of his country's often overlooked contributions to the world of science and technology. Waddell takes a regular shift on the Canadian media circuit, making appearances on CTV, CBC and BNN, and contributing to publications such as Canadian Business and Business Insider.

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