Categories: Lists and Data

Star analyst Blair Abernethy joins Cantor Fitzgerald

One of Canada’s best tech analysts has a new home.

Blair Abernethy, recently of Stifel Nicolaus Canada, has moved to Cantor Fitzgerald Canada.

The move comes as tech is experiencing a wave of interest in Canada not seen since the late 1990’s. Abernethy says tech is a firm-wide focus for Cantor, but investors shouldn’t expect a bump free ride.

“The Canadian technology sector experienced a resurgence of investor interest this year, which we expect to continue in 2014, but stocks won’t move in a straight line up!” he says. “We see the sector as attractive as many technology companies offer good growth prospects in a slow-growth macro environment. Growth is being driven by new products, recurring revenue models, international expansion and accretive acquisitions, all of which can continue for some time.”

Prior to joining Cantor Fitzgerald Abernethy previously held positions at Clarus Securities, Paradigm Capital and HSBC Securities. The analyst became a free agent after Stifel Nicolaus decide to shutter it Canadian operations.

_____________

We Hate Paywalls Too!

At Cantech Letter we prize independent journalism like you do. And we don't care for paywalls and popups and all that noise That's why we need your support. If you value getting your daily information from the experts, won't you help us? No donation is too small.

Make a one-time or recurring donation

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.

View Comments

Recent Posts

It’s time to buy cannabis stocks, this analyst says

A major development came down the pipe this week at the U.S. Drug Enforcement Agency has reportedly decided to reschedule… [Read More]

10 hours ago

Is Generac stock a buy?

Following the company's first quarter results, Roth MKM analyst Chip Moore remains neutral on Generac Holdings (Generac Holdings Stock Quote,… [Read More]

21 hours ago

Bombardier is a buy, Desjardins says (May, 2024)

The stock has climbed slowly but surely since last October. But is there still money to be made on Bombardier?… [Read More]

23 hours ago

Should you buy AMZN? (May, 2024)

Following the company's first quarter results, Roth MKM analyst Rohit Kulkarni has maintained his "Buy" rating on Amazon (Amazon Stock… [Read More]

2 days ago

These cannabis stocks will benefit most from reclassification

It happened. The move that everyone in the cannabis sector was hoping for came about swiftly on the last day… [Read More]

2 days ago

Is AMD stock a buy? (May, 2024)

Following the company's first quarter results, Roth MKM analyst Suji Desilva has maintained his "Buy" rating on Advanced Micro Devices… [Read More]

2 days ago