Descartes Systems Group Inc T.DSG

Alternate Symbol(s): DSGX

Technology Software - Application

The Descartes Systems Group Inc. is focused on logistics and supply chain management business processes. It provides on-demand, software-as-a-service (SaaS) solutions focused on improving the security and sustainability of logistics-intensive businesses. The Company allows customers to use its modular, SaaS solutions to route, track and help improve the safety, compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete other logistics processes by participating in the multimodal logistics community. Its solutions include cloud-based and consist of B2B service connectivity and messaging, broker and forwarder enterprise systems, global trade intelligence, regulatory compliance, e-commerce shipping, transportation management and routing. It also provides customs declaration software for logistics services providers and shippers.

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Descartes Systems Group Inc

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Post by retiredcfon Jun 25, 2020 6:58am

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Analyst Recommendation

One of the stocks he mentions favourably is DSG (around the 6:30 mark of the clip). GLTA

Stocks have moved a long way off the March lows and David Burrows, president and chief investment strategist at Barometer Capital Management, is advising investors to focus on what's been working in the markets. He says the biggest mistake an investor can make is joining the "dash for trash", investing in companies whose survival is dependent on improving economic conditions.

https://www.bnnbloomberg.ca/video/focus-on-what-works-avoid-a-dash-for-trash-chief-investment-strategist~1983309

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