ComparisonLooking to deploy some cash and I'm considering either CAE or Open Text in light of their recent share price declines. Which one of the two would you consider to have the most potential for share price appreciation over the next 3-5 years, and why?
OTEX: it has a (much) lower valuation, potentially faster growth, it is reducing debt and this could improve its valuation multiple. Its business is also not as dependent on large contracts as CAE is, and we would say it has 'screwed up' less than CAE as well. It likely will continue to do acquisitions to keep growth prospects high. (5iResearch)