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B

Review of Enghouse Systems

JUL 05, 2022 - The demand for remote work services and cloud-based solutions was pulled forward due to the pandemic, and initially, Enghouse benefited from this, but its services that allow customers to host private on-premises cloud solutions (software licenses) have taken a hit as more customers move to the cloud. Rating downgraded by two notches to 'B'.

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Q: Hold the above securities in TFSA account held by my 89 year old parent. EMP.A (-25%)and ENGH (-51%) and am now trying to decide if I should add to them or move on to something with a better future prospect ( a suggestion with be appreciated). TOU has a small positive return at this time but was thinking of replacing it with CNQ - your thoughts. Some other holdings in the account include BAM, BN, CM, BEPC GSY, JWEL. Please deduct as many credits as many credits as appropriate.

Thank You
Read Answer Asked by Francisco on March 20, 2024
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