It’s been more than four months since the Cantech 2015 Conference, and one of the most exciting talks at the event was industry experts and venture capitalists sharing their ideas about which Canadian technology stocks they liked most. The six stocks mentioned outperformed the stock market by a wide margin, including one that soared 80%.
The stocks the Experts shared were: Espial Group Inc. (TSX: ESP), Baylin Technologies Inc. (TSX: BYL), Kinaxis Inc. (TSX: KXS), COM DEV International Ltd. (TSX: CDV), TIO Networks Corp. (TSXV: TNC), and QHR Corporation (TSXV: QHR). Of the six companies mentioned only one experienced a share price decline, which happened to be Baylin Technologies. Overall, if an investor were to build an equal-weighted portfolio based on these recommendations it would translate into a 27% gain, handily surpassing the 7% rise by the TSX Composite during this time.
Espial Group was the top performer on the list, nearly doubling in value with an 80% gain. The company had a strong start to 2015, signing two major European cable operator contracts to provide its flagship G4 client software and integration services. In addition, its better-than-expected Q1 2015 financials saw the company earn $359,225 on revenue of $5.4 million.
Read the original Top Canadian Tech Stock Picks From the Cantech 2015 Conference article HERE >>
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