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Sangoma Technologies Corp T.STC

Alternate Symbol(s):  SANG

Sangoma Technologies Corporation is a provider of managed cloud-based communications and technology solutions for businesses worldwide. The Company offers a comprehensive suite of cloud-native communication solutions, including software, endpoints, and connectivity services. It offers a complete set of cloud communications services, flexible deployment options including cloud and on-premises, and customer service. The Company’s solutions include communication services, phone and devices, network connectivity, and MSP services. It delivers hosted phone services for contact centers, small businesses, and other organizations looking to the Cloud for managing their business communications. It provides desk phones, headset, and DECT phones. Its network connectivity solutions include voice over Internet protocol (VoIP) gateways, Session Border Controller (SBC), and telephony cards. The Company also provides open-source communications software.


TSX:STC - Post by User

Comment by AlwaysLong683on Dec 05, 2022 2:58pm
105 Views
Post# 35151685

RE:RE:Good Advice

RE:RE:Good Advice
Torontojay wrote: I like long term duration bonds and believe they can outperform stocks in 2023. You never lose with bonds in a recessionary environment as interest rates come down. A portfolio that is weighed towards bonds and cash may be a prudent way to manage the expected turbulence for next year. 


Economist David Rosenberg shares your bullishness on long bonds, though note he is talking US Markets, not Canadian, in the article.

Quote from article:

"I think the total return in the long bond is likely to be more than 20% of the next year. I don't think the stock market's making 20% in the next year." (Rosenberg said it was a "big mistake" not to buy long-dated bonds based on their recent weakness, as he expects bonds to be the first asset class to recover from the current downturn.)

If I was to hold long bonds (I currently do not), I'd pick a Canadian-based ETF inside a tax-sheltered account like an RRSP or TFSA. One people may wish to consider is XLB.

Not sure if interest rates will come down in 2023 (maybe second half of the year), but I don't think they'll rise much more.



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