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Kinaxis Inc. (KXS $178.63)
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Kraken Robotics Inc. (PNG $4.52)
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Galaxy Digital Inc. Class A common stock (GLXY $44.76)
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Brookfield Corporation Class A Limited Voting Shares (BN $95.41)
Q: What do you think of kinaxis as a growth stock? In the canadian landscape what would be 2 or 3 best choices in this aera (except Cls et Shopify )?
Thank you very much for your excellent service.
Thank you very much for your excellent service.
5i Research Answer:
Mid-teen top-line growth is expected over the next few years with big EPS growth this year (just over 50%). It has a lot of cash on the balance sheet and good gross margins in the 65% range, so there is a lot to like here, however, they are also becoming a bit of a show-me story. It has potential but it has been a bit of the same story for a few years now.
Some other ideas would be BN, GLXY and PNG for a growth tilt.