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Sangoma Technologies Corp T.STC

Alternate Symbol(s):  SANG

Technology Communication Equipment
Sangoma Technologies Corporation is engaged in delivering cloud-based communications as a service solution for companies of all sizes. The Company is a business communications platform provider with solutions that include its unified communications as a service (UCaaS), contact center as a service (CCaaS), communications platform as a service (CPaaS), and trunking technologies. Its enterprise-grade communications suite is developed in-house and available for cloud, hybrid, or on-premises setups. Additionally, the Company provides managed services for connectivity, network, and security. It offers hardware and software components that enable or enhance Internet protocol communications systems for both telecom and datacom applications. Its product line includes data and telecom boards for media and signal processing, as well as gateway appliances and software. Its phones and devices include voice over Internet protocol (VoIP) hardware, headsets, telephony cards, and accessories.


TSX:STC - Post by User

Sangoma Technologies Corp > Sage Advice
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Post by retiredcfon Nov 06, 2022 9:23am
214 Views
Post# 35076967

Sage Advice

Sage AdviceIt seems like everyone is dumping technology and piling into energy. When energy was dirt cheap, hardly anyone was recommending it and that was the time to buy rather than high flying growth stocks or highly priced renewables. Is the same thing happening here where clearly technology is not in favour and everyone is selling to buy energy as that is the only thing working? Isn't this the wrong way to look at things as you are selling technology low and buying energy high. 

Yes, this is indeed what happened in 2020. Right now, we think technology is attractive, but the inflation/rate problem may last a lot longer than the Covid/Opec oil meltdown. But many tech companies are very cheap, still growing, and have lots of cash. Once the interest rate fear is over, we would expect them to do quite well, and patient buyers we think will be rewarded over time.  Some tech stocks can double or triple, and we are willing to wait some time for that. (5iResearch)
 
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