Open Text Corp T.OTEX

Alternate Symbol(s): OTEX

Technology Software - Application

OpenText Corporation is a Canada-based information management company, which provides software and services. The Company’s comprehensive Information Management platform and services provide secure and scalable solutions for global companies, small and medium-sized businesses (SMBs), governments and consumers around the world. It has a complete and integrated portfolio of information management solutions delivered at scale in the OpenText Cloud, enabling organizations master modern work, automate application delivery and modernization, and optimize their digital supply chains by bringing together content cloud, cybersecurity cloud, business network cloud, its operations management cloud, application automation cloud and analytics and artificial intelligence cloud. The Company’s solutions range from connecting digital supply chains to managing human resource processes to driving better information technology service management in manufacturing, retail, and financial services.

TSX:OTEX - Post by User

Open Text Corp

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Post by retiredcfon Jul 31, 2020 7:17am

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Post# 31348223

Analyst Recommendation

https://www.bnnbloomberg.ca/video/darren-sissons-discusses-open-text~2004878

BUY

Open Text (OTEX-T)

July 30, 2020

Great Canadian company. Impressive long-term chart. Long-term holders have been well rewarded. Balance sheet is a little leveraged. A liability with the US CCRA is due. Good scale, growth profile, and dividend. Will probably move forward after Covid. Good risk-adjusted return to buy and hold.

Darren Sissons

Price

$59.990

Owned

Yes

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