The public appetite for tech stocks has been growing even in the midst of economic uncertainties regarding the Greek economy or the anticipated U.S. rate hike. This is evident by yet another tech IPO – Fitbit (NYSE: FIT), which has soared more than 50% from its offering price. It is because of this the Canadian tech names on our list today are likely to flourish in the current environment.
Celestica Inc. (TSX: CLS) – $14.82
Semiconductors
Celestica Inc. (Celestica) is a provider of supply chain solutions globally to original equipment manufacturers (OEMs) and service providers in the communications, consumer, diversified, servers and storage end markets. The Company offers a range of services to its customers, including design and development, engineering services, supply chain management, new product introduction, component sourcing, electronics manufacturing, assembly and test, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics and after-market repair and return services.
- Market Cap: $1,834,509,565
- Revenues (LTM): $6,464,980,650
- Price Change (1 month): $0
- Average Daily Volume (1 month): $278,093
Evertz Technologies Ltd. (TSX: ET) – $17.05
Communications & Networking
Evertz Technologies Limited (Evertz) is Canada-based company, which provides equipment to the television broadcast telecommunications and new-media industries. Evertz designs, manufactures and markets video and audio infrastructure equipment for the production, post-production and transmission of television content. The Company’s television broadcast equipment market segment is involved in the sale of hardware and software solutions including related services, training and commissioning. Its products include routers, infrastructure products, multi-viewers, RF products, compression products, master sync, clock and test products, master control and branding products, monitoring, control and Network Management System, fiber and transport products, playout and media management and production and post-production products.
- Market Cap: $1,279,642,007
- Revenues (LTM): $363,606,000
- Price Change (1 month): $0
- Average Daily Volume (1 month): $46,354
Avigilon Corp. (TSX: AVO) – $18.61
Communications & Networking
Avigilon Corporation is a Canada-based technology company engaged in design, manufacturing and marketing of high-definition (HD) and megapixel (MP) network-based video surveillance systems and equipment for the global security market. The Company’s surveillance system is designed to provide video capture, transmission, recording and playback. The components of the Avigilon System include Avigilon control center (ACC) video management software (VMS) with High-Definition Stream Management (HDSM) technology, Internet protocol (IP) cameras, recording hardware and system accessories.
- Market Cap: $876,580,497
- Revenues (LTM): $291,082,000
- Price Change (1 month): $0
- Average Daily Volume (1 month): $306,443
Sandvine Corp. (TSX: SVC) – $3.67
Communications & Networking
Sandvine Corporation (Sandvine) is a Canada-based company engaged in developing and marketing network policy control solutions for high-speed, or broadband, Internet service providers. The Company’s network policy control solutions comprise hardware and software modules to introduce unified network policy control into any fixed mobile network. Its products include network analytics, which helps improve business performance by optimizing capital investments, avoiding mistakes, and maximizing revenue. Its usage management product allows increasing revenue and achieving competitive differentiation by rapidly introducing a unique range of high-value subscriber services. Its traffic management product reduces network costs by extracting the maximum amount of performance from existing network infrastructure. Its network security product aids the detection and enforcement capabilities of the versatile Sandvine policy engine.
- Market Cap: $554,853,729
- Revenues (LTM): $142,194,510
- Price Change (1 month): $0
- Average Daily Volume (1 month): $642,566
ViXS Systems Inc. (TSX: VXS) – $1.05
Semiconductors
ViXS Systems Inc. (ViXS) is engaged in designing media processing semiconductor solutions for the broadcasting and consumer electronics industries. It has over 461 patents issued and pending worldwide and over 30 million media processor shipments to date. ViXS is driving the transition to Ultra HD 4K across the entire content value chain by providing professional and consumer grade chipsets that support the new High Efficiency Video Coding (HEVC) standard up to Main 10 Profile, reducing bandwidth consumption by 50% while providing the depth of color and image clarity needed to take advantage of higher-resolution content.
- Market Cap: $55,902,173
- Revenues (LTM): $48,242,998
- Price Change (1 month): $0
- Average Daily Volume (1 month): $33,249
