Canadian IT Stock News

As the U.S. government shutdown unfolds, its immediate impact on Canadian markets remains limited, with resilient consumer spending and record AI investments helping to maintain economic momentum. In the context of these broader market dynamics, penny stocks—though often considered a niche investment area—continue to present intriguing opportunities for growth, especially when backed by strong financial health. Despite their somewhat outdated label, these smaller or newer companies can offer...

West Red Lake Gold Mines (TSXV:WRLG) is drawing attention after sharing fresh drill results from the high-grade Austin Zone and confirming steady progress at its Madsen Mine ramp-up. Both updates provide additional insight into the company's growth strategy. See our latest analysis for West Red Lake Gold Mines. Strong quarterly progress at the Madsen Mine seems to have caught investors' attention, with West Red Lake Gold's share price surging 66.7% so far this year and displaying robust...

As the U.S. government shutdown introduces uncertainty into global markets, Canada's TSX remains a focal point for investors seeking stability and potential value opportunities. In this environment, identifying undervalued stocks can be crucial, as they may offer attractive entry points amid market fluctuations driven by macroeconomic events.

As the U.S. government shutdown continues, the Canadian market remains resilient, buoyed by strong consumer spending and significant investments in artificial intelligence. For investors exploring opportunities beyond established giants, penny stocks still hold relevance despite their seemingly outdated name. These smaller or newer companies can offer surprising value when built on solid financial foundations, and in this article, we explore three such stocks that combine balance sheet...

As the U.S. government shutdown creates uncertainty south of the border, Canadian markets remain relatively stable, buoyed by strong consumer spending and significant investments in artificial intelligence. In this environment, dividend stocks can offer a reliable income stream and potential stability for investors looking to navigate these uncertain times.

Meren Energy announced a substantial dividend increase, alongside significant progress in reducing Reserve-Based Lending debt and advancing major projects in Namibia and Nigeria. This move highlights the company’s confidence in future cash flows and emphasizes its ongoing commitment to shareholder value despite volatility in global commodity markets. With the dividend boost highlighting management's confidence, we'll examine how these latest developments shape Meren Energy's investment...

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...

You may think that with a price-to-sales (or "P/S") ratio of 0.2x Crown Point Energy Inc. ( CVE:CWV ) is definitely a...

With a price-to-sales (or "P/S") ratio of 0.6x Canaccord Genuity Group Inc. ( TSE:CF ) may be sending very bullish...

Potential Algoma Central Corporation ( TSE:ALC ) shareholders may wish to note that the Independent Chairman of the...

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...

If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...

Firan Technology Group (TSX:FTG) reported net profit margins of 7.5%, exceeding last year’s 6.5%, while delivering annual earnings growth of 36.2% for the most recent year. Over the last five years, earnings have surged at a remarkable 50.9% rate per annum. Future forecasts point to continued earnings growth of 23.2% per year and revenue growth of 10.1% per year, both outpacing the broader Canadian market. Alongside these robust growth rates, FTG’s valuation multiples and current trading...

As the U.S. government shutdown creates uncertainty south of the border, Canada's market remains resilient, buoyed by strong consumer spending and significant investments in artificial intelligence. Amid these conditions, penny stocks, though often seen as a relic from past market eras, continue to offer intriguing opportunities for investors seeking growth potential at lower price points. With a focus on financial strength and solid fundamentals, we explore several Canadian penny stocks that...

So you are looking at Descartes Systems Group, wondering whether to stick with the stock, take some profits, or maybe get in on a new opportunity. Over the past week, Descartes rebounded with a 6.5% gain, offering a glimmer of optimism after a rougher patch in market sentiment. Zooming out, though, the recent month was tough, with shares down 8.4%, and year-to-date returns still sit at -16.9%. But here is the twist: despite a 5.2% drop over the past year, Descartes still boasts a 46.9% return...

As the U.S. government shutdown brings uncertainty to economic data releases, the Canadian market remains a focal point for investors seeking stability and growth opportunities. Penny stocks, often seen as remnants of past market trends, continue to offer potential value by providing access to smaller or newer companies that could benefit from current economic conditions. In this article, we will spotlight GoldMining and two other penny stocks that stand out for their financial strength and...

If you've found yourself eyeing Brookfield Renewable Partners lately, you're not alone. The stock has posted an impressive 12.7% gain over the last 30 days, and it’s up 17.1% since the start of the year. These are solid numbers, especially in a sector where sentiment can swing with the latest headlines about clean energy policies and global investment flows. With a 4.8% bump just in the past week, clearly something is catching investors’ attention. Of course, deciding what to actually do with...

Wondering whether Colliers International Group is a buy, hold, or sell? You are definitely not alone. This stock tends to catch the eye of both growth seekers and value investors, and its recent performance is enough to spark debate. After all, Colliers has delivered some impressive gains over the long haul, up 138.0% over the last five years and 67.1% over the past three years. More recently, things have cooled a bit, with a 1.6% dip over the last week and an 8.3% slide through the past...

Capital Power Corporation ( TSE:CPX ) shareholders have had their patience rewarded with a 29% share price jump in the...

We'd be surprised if enCore Energy Corp. ( CVE:EU ) shareholders haven't noticed that the Independent Director, William...

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

There's no doubt that money can be made by owning shares of unprofitable businesses. Indeed, Valhalla Metals ( CVE:VMXX...