Professional
Added to YB: 2024-05-30
Pitch date: 2024-05-01
CTS.TO [bullish]
Converge Technology Solutions Corp.
+14.87%
current return
Author Info
No bio for this author
Company Info
Converge Technology Solutions Corp. provides software-enabled IT and cloud solutions. Its products and services include advanced analytics, artificial intelligence (AI), application modernization, cloud platforms, cybersecurity, digital infrastructure, and digital workplace offerings.
Market Cap
CAD 1.1B
Pitch Price
CAD 5.21
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.62
P/E
-6.66
EV/Sales
0.50
Sector
IT Services
Category
value
Donville Kent Asset Management Portfolio Holding: Converge Technology Solutions Corp.
CTS.TO: Converge sells tech like NVIDIA chips & IBM Watson, installs & maintains for clients. Rides AI & tech upgrade spend wave by being one-stop-shop. Service biz drives margin expansion. Strong organic growth & FCF, still trades very cheap.
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